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Member of the Article 90 Commission:

Majlis report on bank scam almost done

Service : Politic
TEHRAN, Oct 3 (ICANA) – An Iranian lawmaker says Iran's Majlis (parliament) will finalize its report on the recent bank scam involving seven private and public banks by the end of the week.
Monday, October 03, 2011 2:27:56 PM
Majlis report on bank scam almost done

Seyyed Mohammad Movahhed, member of the Majlis Article 90 Commission, said on Sunday that the report would be finalized and forwarded to the Committee and judicial authorities in a few days.

The [Article 90] Commission is following up on the case, but has not reached a conclusive result yet,” Mehr News Agency quoted him as saying.

Since various organs are probing this case and provide different information, a conclusion will be reached when all relevant information are gathered,” he added.

The lawmaker said that if it is found necessary that the Majlis presiding board knows about the report, it will be read out on the Majlis floor.

The USD 2.8 billion embezzlement scandal involving seven government-owned and private banks, which had used fraudulent Saderat Bank documents to secure multi-billion dollar credits and purchase state-owned companies, was recently uncovered.

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