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Iran's parliament to review corruption case

Business Materials 17 September 2011 13:06 (UTC +04:00)

Azerbaijan, Baku, Sept. 17 / Trend A. Qurbanova/

The economy commission under the parliament will review a $2.8 billion bank corruption case on a Sunday session, Mehr News Agency quoted spokesman for economy commission Mohammad Reza Khabbaz as saying.

"The economy commission under the parliament will review a $2.8 billion bank corruption case on a Sunday session," he said. "Governor of the Iranian Central Bank will be summoned to the parliament this week. But the exact date has not been fixed yet."

Governor of the Iranian Central Bank Mahmoud Bahmani and Economy Minister Shamsoldin Hosseini are expected to attend the commission to explain a $2.8 billion bank corruption case.

Some Iranian newspapers, such as Keyhan, are dependent on Iran's Supreme leader Ayatollah Ali Khamenei who reported about the relationship between corruption agents and Ahmadinejad's allies, especially the Chief of Staff Esfandiar Rahim Mashaei.

The Daily Keyhan reported that in a letter. Mashaee ordered some officials to facilitate the transfer of Khuzestan Steel Company shares to those charged in Saderat Bank's corruption case.

The press release from the Centre of Communication, Information and Publicity under the Iranian Presidential Office rejected any relations between Mashaei and the corruption agents, accusing oppositions of "lying."

The bank head Mohammad Jahromi earlier said that six people have been questioned for corruption so far, with three officials arrested on charges of falsifying documents and corruption, the Mehr News Agency reported.

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

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