12092016Fri

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

More than 1,500 retired teachers held a protest gathering in front of Iran Regime's parliament

Mass graves in northern Iran of victims of 1988 massacre of political prisoners

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