2011 Iranian embezzlement

Whole detail of 2011 Iranian embezzlement

In August of 2011 Iranian media and officials announce the discovery of the biggest embezzlement in Iranian history. Amir-Mansour-Aria took 3,000 billion Toman or 2800 billion USD from Irans banking system. In this embezzlement seven banks were involved. This embezzlement was discovered by the Bank Saderat Iran and led to the arrest of its chief Amir-Mansour1|Page

Aria. Bank Melli Iran, Saman Bank, Bank Sepah, Bank of Industry and Mine and Parsian Bank were the main banks who were involved in the embezzlement. Several governmental directors were also involved in this embezzlement like the Former Minister of Transport, the Deputy Minister of Industry, the former of the deputy Central Bank, a former deputy finance minister, the former Minister of Industry, former Deputy Minister of Roads and Transportation. Based on the
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preliminary ruling issued, four people were sentenced to death, two men to life imprisonment, and the other defendants were also sentenced to long jail sentences.

Details of Embezzlement The Iranian media and various government officials detected the embezzlement and explained how it was discovered. Remarks by the authorities about the organization or person who discovered embezzlement
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are sometimes inconsistent. Some demanded that those who discovered the embezzlement be honored, but this statement was followed by a negative reaction in society. According to the Tehran today newspaper on Tuesday, September 13, 2011, about two hundred million Tomans were embezzled money out of the country. However the central bank chief denied this; he said there is no proof that the money fraud is left the country.

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Iran's public prosecutor told the news agency that he has accepted the advocacy of defendants.

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Head of the Judiciary on October 12, 2011, said: "Widespread tax evasion and large loans without reliable and sufficient collateral backing, including file

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corruption has been discovered in the past."

Who is Amir-Mansour-Aria

His early work was with his brothers running a farm during 2005 and 2006. The
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farm was established by using the quick impact projects. His quick impact project were about his farm to getting the loans. His activities were associated with the abuse of these loans, which led to the corruption brought on. Eventually he embezzled money from Iran. Iran is very rich and has a lot of oil resources. Embezzlement in Iran is current and most of the powerful people like bosses of departments are doing this.

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Photo gallery Former Secretary of Transportation

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Deputy Minister of Industry

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Former senior deputy central bank

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