Iran General NewsIran link in Welsh steel mill crash

Iran link in Welsh steel mill crash

-

The Telegraph: Allegations of fraud, deceit and dishonest behaviour on behalf of a legal adviser to the President of Iran, Mahmoud Ahmadinejad, are set to emerge from the collapse of a Welsh steel mill in 2007.

Telegraph.co.uk

Allegations of fraud, deceit and dishonest behaviour on behalf of a legal adviser to the President of Iran, Mahmoud Ahmadinejad, are set to emerge from the collapse of a Welsh steel mill in 2007.

By Jonathan Russell

Shahram Shirkhani, an Iranian businessman who describes himself as an “international legal adviser to the Office of the President of the Republic of Iran” is facing a court showdown over accusations of a multi-million pound fraud.

Mr Shirkhani, who is also a business associate of David Mills, the estranged husband of Labour MP Tessa Jowell, had his assets frozen two years ago in relation to the case.

He now faces a court hearing brought by the liquidators of Alphasteel, the Welsh steel mill that collapsed into administration with the loss of 300 jobs.

Mr Shirkhani is accused of improperly receiving £3.5m while working as a consultant to Alphasteel. The bulk of the claim is thought to relate to pay­ments made to him for neg­o­tiating “non-existent” credit facilities. He is also accused of deceit, dishonest breach of fiduciary duty and making improper claims for expenses.

Mr Shirkhani worked as a consultant for Alphasteel over a two-year period running up to its collapse into administration. During that period he was paid £10,000 a month plus benefits and bonuses. Mr Shirk­hani claims all money paid to him was legitimately earned in the course of his work. He denies all the claims.

The case at the High Court is likely to be complicated by the wholesale destruction of documents carried out just before Alphasteel went into administration. Court papers allege the documents were shredded by Rosso Safavi, the managing director of the company and representative of then owner, Iranian steel magnate Mohammad Rostami-Safa.

Although Mr Mills is not involved in the court case he has links to both Mr Shirkhani and Alphasteel. He advised Mr Rostami-Safa on his business dealings in the UK. Prior to that he worked with Mr Shirkhani on a controversial deal to sell passenger jets to Iran.

Mr Shirkhani’s lawyer Peter Atkinson of Gordon Dadds dec­lined to comment. Simon Hart of ReedSmith working for Alphasteel also declined.

Latest news

Iran Regime’s Response to Protests Censorship and Violence

The Iranian regime’s leadership has reacted to the ongoing wave of protests over the death of Mahsa Amini, the...

Iran’s New Generation Seeks Nothing but Regime Change

In a silly and desperate statement, the Iranian regime’s foreign minister Hossein Amir-Abdollahian claimed that nothing special is going...

Iran’s Youths Broke the Spell of Fear

One of the main characteristics of the recent protests in Iran is the courage and fearlessness of the people,...

Iran Is on the Brink of a Revolution

The wall of fear has been broken. In many cities across Iran, women are taking to the streets, leading...

Iran’s Regime Claims To Fill Global Energy Gap Despite Crippled Petroleum Sector

In recent weeks, the Iranian regime’s officials have been constantly exaggerating their huge capacity in oil and gas reserves...

What Is Happening in Iran?

Following the brutal killing of Masha Amini, the Iranian people have once again united to fight and defeat the...

Must read

US rescues six more Iranians despite tensions

AFP: A US ship on Tuesday rescued six Iranian...

Iran leader says report of nuclear trigger work ‘fabrication’

AFP: Iranian President Mahmoud Ahmadinejad has dismissed a British...

You might also likeRELATED
Recommended to you