Al-Qaeda in Iraq claims bank attack

Web statement says group carried out deadly car bombing of Trade Bank of Iraq.

    The attacks killed 26 people and wounded another 53. Five bank guards were among the victims, according to Hussein al-Uzri, the Trade Bank of Iraq's chairman,

    The bank is the conduit for much of the government's foreign-exchange transactions and its dealings with investors.

    It is one of the public sector's most active financial institutions and has been working to encourage foreign investment in Iraq.

    But the Islamic State of Iraq claimed the Trade Bank of Iraq was involved in "the robbery of the country's oil revenues and overseas funds" that were then transferred "to the pockets of senior government officials" and Shia Muslim parties.

    The group had earlier claimed responsibility for a highly co-ordinated assault on Iraq's central bank by armed men and suicide bombers on June 13, the eve of the first session of Iraq's new parliament.

    Eighteen people died in that attack.

    Banks have become frequent targets for both criminals and fighters in recent months.

    Armed men stole $6.5m from a Baghdad bank last summer.

    SOURCE: Al Jazeera and agencies


    YOU MIGHT ALSO LIKE

    The shocking story of Israel's disappeared babies

    The shocking story of Israel's disappeared babies

    New information has come to light about thousands of mostly Yemeni children believed to have been abducted in the 1950s.

    Stories from the sex trade

    Stories from the sex trade

    Dutch sex workers, pimps and johns share their stories.

    Inside the world of India's booming fertility industry

    Inside the world of India's booming fertility industry

    As the stigma associated with being childless persists, some elderly women in India risk it all to become mothers.