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19%  
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Keyword: banksaman

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  • Chief of Iran's Largest Bank Sacked; New Charges of Missing Oil Revenue (fled to Canada)

    10/02/2011 5:44:38 AM PDT · by nuconvert · 9 replies
    Frontline/Tehran Bureau ^ | Sept. 28, 2011
    Iran's Press TV is reporting that Mahmoud Reza Khavari, the head of Bank Melli, fled to Canada after resigning for his alleged role in the embezzlement scandal Our columnist Muhammad Sahimi compiled the following news items and commentary: The Ministry of Economic and Financial Affairs announced that several senior banking officials have been sacked in the wake of the embezzlement of close to $3 billion. According to the statement by the ministry's public relations office, Mahmoud Reza Khavari (pictured), chief operating officer of Bank Melli -- Iran's largest bank -- and Farzad Ahmadi, a member of the bank's board of...