Jan 15, 2019, 11:41 AM
News Code: 83171515
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Court hearing session of Iran former welfare minister begins

Tehran, Jan 15, IRNA – The first court hearing session of the former Iranian Minister of Cooperative, Labor and Social Welfare Parviz Kazemi and the former managing director of Sarmayeh Bank Ali Bakhshayesh started in the Iranian capital on Tuesday.

Kazemi, Bakhshayesh and the former member of Sarmayeh Bank Board of Directors Mohammad-Reza Tavassoli are accused of sabotaging the country’s economic and banking system.

Two days ago, Office of Iran’s Prosecutor General announced that the court session of the accused people would be held in line with Judiciary’s move to seriously fight corruption.

Kazemi, former welfare minister in the cabinet of the then president Mahmoud Ahmadinejad, has already been chairman of Sarmayeh Banks’ Board of Trustees and member of Teachers’ Reserve Fund.

In recent months, Iran has been witnessing fluctuations in prices and foreign exchange rates. The judicial system has launched a vigorous campaign against individuals and gangs which are causing economic crises in the country.

Based on a report released by Central Bank of Iran (CBI) about nine months ago, and after investigation carried out by Iran's Ministry of Intelligence and the Police, a number of key individuals involved in embarrassing the Forex and currency markets were arrested.


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