Iran Economy NewsThieves in Iran’s Car Industry

Thieves in Iran’s Car Industry

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Assuming that a list of the names of Iran’s looted people can be prepared, the names of more than 95 percent of the Iranian population should be put on this list.

The reason is clear: it is because natural resources, soil, mountains, forests, rivers, wetlands, and everything in the treasury of Iran’s national capital are the target of plundering by the government.

One of the most obvious cases of theft by the government is implemented by the state-affiliated AZVICO company which stole the people’s money with the contract for the pre-purchase of the MG 360 car.

AZVICO Company was registered in 2013, but the contract for MG 360 cars started in the winter of 2018. On December 17, 2018, a currency allocation license was issued for it, and the order registration license was approved.

But the issue was not the delivery of the car to the buyers at all, but the looting of people’s property by taking 4200 Tomans currency from the government and stealing the money of the people who registered to buy a car from this company and paid 40 million Tomans of the car price.

ISNA news agency wrote in confession to this theft: “According to the official statistics of the Central Bank, the Azerbaijan Automotive Industry Company, i.e., AZVICO, by the end of March 2019, it has received the 4,200 Tomans official currency in the amount of $ 20 million in government currency and according to the official statistics of the monthly car production published by the Ministry of Industry, Mine and Trade, has produced 3570 cars by the end of 2018. Evidence shows that the company did not have any license from the Ministry of Industry, Mine and Trade for the pre-sale of 5400 vehicles in May, June, and July 2018, and received the pre-sale license of about 5400 vehicles on 4 July 2018. While after three months, the car salesman received money from the remittance owners.” (ISNA, February 19, 2020)

It is noteworthy that in the absence of sanctions, the company’s car production capacity was 3,570 units per year, which begs the question, why before getting the license did it pre-sell 6,400 cars and take half the price from customers with a three-month time limit?

A document published in the newspaper of the Ministry of Industry, Mine and Trade states: “The company produced and delivered 2,300 vehicles in 2018, that is, sold 2,200 vehicles on the black market later at a higher price instead of selling them to the people who pre-ordered it them.”

They took from each customer 40 million Tomans in advance money, which is how they took between 250 to 300 billion Tomans from people in 2018 to deliver them a car.

Then this company did something very strange and perfected its theft, as ISNA wrote: “There are 746 non-finished vehicles, so it is planned to complete the vehicles according to the penalties and hand over the remittance owners due to the registration priority. After that, the company called 746 customers and announced that they should deposit the excess amount of 40 million Tomans in the form of a check to the company’s account and then wait for the cars to be delivered within the next one or two months.” (ISNA, February 19, 2020)

But not in 2019 nor in 2020 and of course nor today have any cars been delivered to the people. The question is who are behind this story?

Taghi Kabiri, a member of the 10th parliament, Naqdi, former Minister of Industry, Mine and Trade, Abbas Tabesh, head of the so-called Consumer Protection Organization, are individuals who were in the hands of the AZVICO board of directors.

One of the plundered people said: “Now they tell me come and we will return 12 percent of your money, and many referred and this 12 percent which took several months to get their money back and many did not take it back.”

And another one who tried to take his money back said: “I went to the factory, they said we cannot give a car, I said give our money back, we do not want a car at all. They say we do not give money or any car.”

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