Iran News

Financial corruption in Iran | 110 million dirhams missing from Parsian Bank

During the seventh hearing of the investigation into the suspects in financial corruption at Mellat and Parsian banks, it was revealed that 110 million dirhams had disappeared from the bank.

 

IRNA news agency reported on Tuesday, November 4, that during the court session, the prosecutor's representative said that, according to the bill of one of the defendants' defense lawyers, of the 226 million dirhams that had been deposited in the defendant's name from Parsian Bank, 110 million dirhams had been withdrawn by bank managers, leaving only another 110 million dirhams in the account.

In recent years, there have been numerous reports of billions of dollars in foreign currency being lost or large amounts of money being withdrawn from Iran. About two weeks ago, Iran's First Vice President, in response to criticism of the 4,200-toman state currency, said that "those who sold $22 billion of the country's currency to foreigners at low prices in Dubai and Istanbul under the pretext of balancing the exchange rate should be ashamed, and those who withdrew 17 trillion tomans from the Central Bank's resources in a month and a half without permission should be ashamed."

The United States has repeatedly pointed out the existence of corruption in the Islamic Republic's government.

In tweets on the occasion of International Anti-Corruption Day, the US State Department wrote about the wealth of Iran's rulers and the corruption of the Islamic Republic's government apparatus, saying, "The Iranian government is full of corrupt hypocrites."

An updated list of recipients of state currency was recently published, and according to reports, it was revealed that about “3 billion euros were given to two famous families.” Although the names of these families were not published either.

The news of the "loss of one billion euros of government currency" also caused controversy in August of this year, an issue that the government denied.

This level of corruption comes at a time when the economic crisis has also sparked a wave of popular protests in Iran.

 

Source: Voice of America

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