Iran’s Biggest Bank Fraud of $2.6Billion unearthed, 19 arrested
JNN 18 Sept 2011 TEHRAN – Nineteen people have so far been arrested in connection with the bank embezzlement totaling 28 trillion rials (2.63 billion dollars), the national prosecutor general announced on Sunday.
National Prosecutor General Gholam Hossein Mohseni-Ejei has been assigned to investigate the embezzlement case.
The bank embezzlement is the greatest of its kind in the history of Iran.
Mohseni-Ejei added a number of suspects have been banned from leaving the country and some other ones, who intended to transfer their money and properties, were banned from entering into financial transactions.
Mohseni-Ejei also criticized certain administration officials for trying to divert public opinion from the case rather than apologizing to the people.
MPs not satisfied with official reports on embezzlement case
Lawmakers were not satisfied with administration officials’ reports on the 28-trillion-rial bank embezzlement, Hossein Sobhaninia of the Majlis Presiding Board has said.
The reports read out by Central Bank of Iran (CBI) Governor Mahmoud Bahmani and Economy Minister Shamseddin Hosseini during the closed-door Majlis session failed to win favor with MPs, Sobhaninia told IRNA on Sunday.
He added that State Inspectorate Organization Director Mostafa Pourmohammadi also read out a detailed report on the embezzlement case, which drew strong criticism from the representatives of the administration.
No one involved in corruption should be allowed to escape punishment
Before the beginning of the Majlis special session on the embezzlement case, Majlis Speaker Ali Larijani, in an address to the parliament, said that the Majlis expects the Judiciary to promptly bring to justice the people who have been involved in the embezzlement.
Anyone in any capacity, who has been involved in the financial corruption, should not be allowed to escape punishment through distorting the truth, he said.
After the end of the Majlis closed-door session, Deputy Majlis Speaker Mohammad Hassan Aboutorabifard called for the resignation of related bank officials.
Dealing firmly with the embezzlers and the resignation of related bank officials will help restore people’s confidence in the government.
Embezzlement is ‘intolerable scandal’
MP Ahmad Tavakkoli also said on Sunday that the embezzlement of 28 trillion rials is an “intolerable scandal,” adding that if administration officials are not able to handle the affairs, they should step down.
In addition, he said that a number of MPs have introduced a motion, which envisages the establishment of a special committee to pursue the embezzlement case.
$25m transferred outside country
Intelligence Minister Heydar Moslehi, after the cabinet session on Sunday, said that only 270 billion rials (about 25.3 million dollars) of the money, which has been embezzled, have been transferred outside the country.