Crimes resulting from the misuse of public funds in investment projects

Abstract

Abstract: The investment sector is the engine of economic development for any country aspiring to progress, continuity, and improvement. Misuse of public funds has profound economic consequences for the state, especially since public funds are intended to serve the public interest, and any misuse of them harms the progress and development process . The United Nations also considered it a crime of corruption and included its provisions in the International Convention against Corruption issued by the United Nations General Assembly on 31/10/2003, along with all international agreements established to limit crimes of misuse of public funds in investment projects However, this did not reduce the number of this type of crime; rather, it is steadily increasing. Therefore, it has become necessary to research the issues of crimes arising from the embezzlement of public funds in investment projects and to develop the necessary mechanisms to address them.