Prosecutor general of Iran: two MPs given fines for embezzlement
Azerbaijan, Baku, September 9 /Trend, N. Umid/
Two Iranian MPs who were involved in a $3 billion-embezzlement case have been sentenced to pay a fine, the Prosecutor general of Iran Gholam-Hossein Mohseni-Eje'i said during a press conference, Mehr news agency reported.
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.
The embezzlement case started in 2007 by Amir Mansour Arya Investment Company, and progressed in 2010 after some Iranian major banks, including Bank Saderat and Bank Melli, issued loans for 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.
Mohseni-Eje'i also dismissed rumors about the imprisonment of former Iranian First Vice President Mohammad Reza Rahimi, adding that, he has been interrogated over the Iran Insurance Company fraud case.
Later in August, Iranian media outlets were informed that Rahimi has been arrested, but the news was denied by his advocate.
Rahimi was one of ex-president Mahmoud Ahmadinejad's close allies. He has been charged in several fraud cases so far, but according to some MPs, Ahmadinejad used his influence to prevent investigations about his cases in the courts.
In a fraud case against the Iran Insurance Company, the defendant claimed to have paid more than $1.2 million in bribes to Rahimi.
Last month, Rahimi defended newly jailed businessman Yadollah Roozchang the general director of the Khorshid Zarivar Company who is accused of disruption on the currency market and USD smuggling, saying he is innocent.
Rahimi said that Roozchang is the victim of disputes between the government and Judiciary System.
The statement caused a reaction from Iran's Judiciary System spokesman Mohseni Ejei who expressed his sorrow to hear of Rahimi's support to Roozchang and his ignorance about the case.
Roozchang reportedly has been charged with money laundering.