08222017Tue

Iran court fires Central Bank Head for withdrawals, IRNA says

Bloomberg: An Iranian court has “dismissed” Central Bank governor Mahmoud Bahmani, citing illegal withdrawals from the banking system, the Islamic Republic News Agency reported.

Bloomberg

By Ladane Nasseri

An Iranian court has “dismissed” Central Bank governor Mahmoud Bahmani, citing illegal withdrawals from the banking system, the Islamic Republic News Agency reported.

The ruling isn’t final and Bahmani has 20 days to appeal, Rahmatollah Sharifi, the head of public relations for the Supreme Court of Audit said yesterday, according to a report published by the official news agency.

Bahmani is accused of “illegal overnight withdrawal of money from bank accounts to make up for the difference between official and open market exchange rates” of rials into U.S. dollars in March 2012, IRNA said.

The Central Bank’s public relations office has denied that such a ruling has been issued, according to a report published today in the Tehran-based Donya-e-Eqtesad newspaper.

Search

Iran, Khuzestan Province: People Clashed With Security Forces

People Chanting Against Iran Regime During the Football Match

Iran: Murder Scene of a Poor Street Peddler by Municipality Agents

Suicide increasing in northern Iran due to crackdown and poverty

Two prisoners were hanged in Sarpol-e Zahab (western Iran)

Iran: Execution of four young men in public in Qeshm- 23 November

The untold story of the 1988 Massacre in Iran

Reyhaneh Jabbari's will Her voice recording from inside prison

Public execution in Kazerun, Iran - August 11, 2016