Laylaz said inflation had fallen from 26-30% in 2008-2009 to 20% in 2011-2012, but he noted that production has sharply declined and is now the biggest threat to the economy.
Entries in Amir Mansour Khosravi (4)
1) the main companions of the central figure, Amir Mansour Khosravi, involved in all crimes such as forging and using documents, exchanging lines of credits, establishing fraudulent companies, transferring money, and buying property; br>
2) companions of Amir Khosravi active in the cases; br>
3) people who acted for Amir Khosravi as brokers; br>
4) management of companies who demanded faked lines of credit; br>
5) employees of the Amir Mansur Investment Group involved in embezzlement, receiving large payments to handle illegal affairs; br>
6) members of management and credit and supervisory departments of banks, who neglected their duties or dissipated funds as government employees. p>
Khosravi said he had spent 6 1/2 months in prison but had had only two hours to talk to his lawyer. The lawyer said he had had no chance to read the complaint.
Khosravi, according to the report, admitted that he had paid a $3 million bribe to Mahmoud Reza Khavari, the former head of Bank Melli who has fled to Canada, but added that he did not want to commit treason.
The Islamic Republic will pay a price whatever course the government takes. If the Iranian judiciary actually exposes the full details of high-level corruption, the government stands to lose further legitimacy even among loyal cadres. Yet if the state does nothing, strife among political factions could deepen, undermining attempts to implement policy changes that could address the country's many social and economic ills.
Ahmadinejad tried to make the case that he was the way forward for Iran, especially on economic issues. Saying that his provincial tours were to remedy a "weak" and "Western model" bureaucracy with the display of popular management, he declared that his subsidy cuts plan got an "A" grade and there was no 60% inflation. He insisted that employment was on a good path, with a considerable increase in jobs and investments in the first half of the year.
That is all to be expected, as was Ahmadinejad's assertion that he had out-shone President Obama in last month's statement at the UN --- "Obama's speech was weak, ours was strong and much discussed". What is intriguing is the President's declared persistence in a quest for talks with Washington: he said he was ready for discussions if the US withdraws its ships from the Persian Gulf.
And this may also be notable: there were reportedly "broadcast problems" when Ahmadinejad spoke about his provincial tours and the US.