Iran to assemble group for arresting ex-head of Bank Melli Iran
Baku, Azerbaijan, Jan. 6
By Temkin Jafarov, Saeed Isayev - Trend:
A special group of police officers will be assembled and sent to Canada for searching and arresting the former head of Bank Melli Iran, Mahmoud Reza Khavari, deputy chief of Iranian police, Ahmadreza Radan said, newspaper "Iran" reported on Jan. 6.
"Iranian police asked the Canadian police to arrest Khavari as soon as he's spotted, and return him to Iran, however Canadian officials said Khavari is not in Canada," Radan said.
"After that, we asked to allow us one week to search for him in Canada. Currently, we're negotiating this with the Canadian side."
The fraud case originally started in 2007 by Iranian 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 said at the time 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.
In 2012, the $3 billion fraud case led to investigation, which had many Saderat Bank officials arrested. At the time, Khavari was the head of Bank Melli Iran, and was reportedly involved in the fraud case.
In Autumn of 2012, Khavari, who has a dual Iranian-Canadian citizenship, escaped to Canada. Iran requested Interpol to announce an international search for Khavari.
In June of 2o12, Fars news agency reported that Interpol placed Khavari on its Red Notice Wanted list.