Iran General NewsIran arrests 14 more in bank fraud probe: reports

Iran arrests 14 more in bank fraud probe: reports

-

AFP: Iranian officials have arrested 14 more people as part of a probe into a vast, recently uncovered bank scandal and announced they had recovered a quarter of the 1.6 billion dollars allegedly embezzled, reports said on Monday.

TEHRAN (AFP) — Iranian officials have arrested 14 more people as part of a probe into a vast, recently uncovered bank scandal and announced they had recovered a quarter of the 1.6 billion dollars allegedly embezzled, reports said on Monday.

“In the past three days, 14 more people, including bank managers and others linked to the case, have been temporarily detained,” Iran’s prosecutor general, Gholam Hossein Mohseni Ejei, was quoted as saying by the ISNA news agency.

Mohseni Ejei also called on the former head of the state-run Bank Melli, Mahmoud Reza Khavari, to return to Iran from Canada where he had flown after resigning as the scandal became public.

“Should the former Bank Melli chief fail to return to the country, the judiciary will issue a warrant for his arrest,” the prosecutor general said, according to the Mehr news agency.

Khavari’s bank was one of several allegedly involved in the scandal, which was initially estimated to involve graft of around 28 trillion rials (around 2.6 billion dollars).

Economy Minister Shamseddin Hosseini on Monday revised downwards the total figure to 17 trillion rials (around 1.6 billion dollars), the Fars news agency reported.

He also said 25 percent of that sum had been recovered.

“We are in the process of getting back the remaining seventy-five percent, which is around 13 trillion rials (1.2 billion dollars),” Hosseini said.

He added that the government had confiscated assets connected to a private group involved in the scandal worth an estimated four billion dollars, and that there was no concern about recovering the embezzled money.

The fraud, which local media have labelled the biggest ever in the country, allegedly saw the private group amass trillions of rials through forged letters of credit approved by half a dozen Iranian banks.

The controversy intensified when media opposed to President Mahmoud Ahmadinejad published a letter attributed to his chief of staff and principal adviser, Esfandiar Rahim Mashaie, in which he reportedly asked the economy minister to facilitate the group’s operations.

For the past several months, Mashaie has been the target of a fierce campaign led by hardliners in the ruling conservative camp, which accuses him of leading a “deviant” movement to undermine the regime’s principles.

On September 14, Ahmadinejad slammed the attacks as a “propaganda” campaign by his enemies, and asked the judiciary to hand over the scam probe to “honest” people.

Latest news

Grim Tidings for Iran’s Regime After Approval of UN Fact-Finding Mission

After many discussions and debates, the United Nations Human Rights Council has approved a fact-finding mission to investigate the...

Iranian People’s Resistance Changed the Appeasement Policy

Soon after the new US government started its obligations in January 2021, hand in hand with the European governments...

Khamenei’s Disgraceful Campaign Against Piranshahr and Javanrud, Who Will Be the Loser?

On the 67th day of Iran’s revolution, the Iranian regime attempted to put a halt to the protests in...

Iran: Expensive Medicine, Cheap Human Life

A look at the equipment and weapons that the Iranian regime has been using against its people to suppress...

Who Is Abolqasem Salavati Iran Regime’s Killer Judge?

Last week, it was announced that the case of several people who were arrested during the Iranian People's uprising...

Iran Revolution Characteristics

More than two months have passed since the start of the latest round of protests in Iran against the...

Must read

Raisi’s Government Is a Defeated Government

On August 3, 2021, the new president of Iran...

Biden pledges to prevent Iranian nuke ‘by whatever means necessary’

Los Angeles Times: Vice President Joe Biden, seeking to...

You might also likeRELATED
Recommended to you