Iranian MP: Three MPs involved in embezzlement case

Photo: Iranian MP: Three MPs involved in embezzlement case / Iran

Azerbaijan, Baku, Oct. 30 /Trend, N. Umid

Three Iranian MPs` involvement in a $3 billion embezzlement case has been confirmed, Iranian MP Javad Karimi Ghoddousi said, Shargh newspaper reported.

He went on to note that about 10 MPs have gone to court, and some of them have been investigated.

Ghoddousi also criticized the rush to influence the investigation.

The head of the Iranian parliament's Article 90 Commission, Mohammad Ali Pourmokhtar also said that, the Commission has finalized its report on the case, adding that three MPs are involved in the embezzlement case.

The Iranian Judiciary will release details, he added.

The parliament's Article 90 Commission is tasked with the execution of Article 90 of the Iranian Constitution.

It reads that 'anyone who has a complaint about parliament, the executive branch or the Judiciary of the Islamic Republic, may lodge a formal complaint with the parliament.

'Parliament is then tasked with reviewing the complaints and providing sufficient responses...'

Mehdi Davatgari, another MP has announced that, the three MPs who were involved in the case can not use parliamentary immunity.

Earlier in September, Iranian media outlets quoted the Prosecutor general of Iran Gholam-Hossein Mohseni-Eje'i as saying Two Iranian MPs who were involved in $3 billion-embezzlement case have been sentenced to pay a fine.

He also went on to note that another MP has been acquitted.

The $3 billion embezzlement was a fraud involving the use of forged documents to obtain credit from at least seven Iranian state and private banks to purchase state-owned companies. This bank fraud is being described as the biggest financial scam in the country's history.

Amir Mansour Arya Investment Company started the embezzlement case in 2007, and progressed it in 2010 after some major Iranian banks, including Bank Saderat and Bank Melli, issued loans to the company.

Iranian officials say that the case involved the use of fraudulent documents to obtain credit for this investment company, one of the country's top financial institutions.

The company used them to purchase assets such as state-owned companies.

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