Iran Election Guide

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Entries in Bank Saderat (3)

Wednesday
Feb062013

Iran Live Coverage: Nuclear Talks Resume on 26 February

See also Iran Audio Analysis: The Downfall of Ahmadinejad, The Resumption of Nuclear Talks --- Scott Lucas with the BBC and Monocle 24
Tuesday's Iran Live Coverage: Humiliation of Ahmadinejad Continues --- Advisor Mortazavi Arrested


2119 GMT:The Battle Within. Hamidreza Taraghi, a senior member of the conservative Motalefeh Party, hsa said that "the nezam [system] can bear Ahamadinejad, but has no problem with his dismissal either --- the,decision re bearing with him is with the Supreme Leader".

1819 GMT:Sanctions Watch. The US Treasury has sanctioned State broadcasters such as IRIB for helping the Government censor opposition.

The Treasury alsn named IRIB director Ezzatollah Zarghami in measures blocking access to the US financial system.

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Saturday
Nov262011

Iran Feature: So How Big is the Bank Fraud?

The on-going investigation into the $2.8 billion Amir Mansour Aria Group embezzlement scandal has so far seen the removal of the heads of Banks Melli, Saman, and Saderat....A further two cases are being investigated, one involving embezzlement of up to $7 billion at Bank Tat, and the other involving around $2 billion at Bank Parsian.

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Tuesday
Oct182011

Iran for Beginners: So What is This $2.8 Billion Bank Fraud?

Former Bank Melli Head Mahmoud Reza KhavariThe 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.

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