Iran's Parliament seeks impeachment of Economy Minister

Politics Materials 21 September 2011 11:35

Azerbaijan , Baku, Sept. 21/Trend A. Qurbanova/

Iranian MPs are signing an impeachment plan for the Minister of Economy and Finance Shamsoldin Hosseini, over a recent $2.8 billion bank corruption case, Iranian Shomalnews reported quoting a conservative member of parliament as saying.

"The impeachment plan is over $2.8 billion for a bank corruption case which was filed September18. We are currently gathering signatures," he said.

We are currently gathering signatures and then discussing the timeframe for submitting the plan to Parliament, he added.

The MP who asked to remain anonymous noted that incompetence and lack of adequate supervision are the main issues to be addressed in the minister's impeachment.

Parliament started to review $2.8 billion in bank corruption at its Sunday session, which took place behind closed doors.

The General Prosecutor Mohseni Ejei said earlier that Iran has arrested 19 suspects over a $2.8 bln bank Saderat corruption case. It was also confirmed earlier that the main suspect, Amir Mansour Arya, has also been arrested.

Bank Saderat is one of Iran's major banks. It contains 3,300 active branches and a share capital of $1.6 billion.

In September 2006 the U.S. government imposed sanctions on Bank Saderat Iran, barring it from dealing with U.S. financial institutions.