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Economy Minister wins Majlis confidence

Service : Politic
Tehran, Nov 01 (ICANA) – Iran's Minister of Economic Affairs and Finance Shamseddin Hosseini received a vote of confidence from Majlis (Parliament) after he was impeached for his performance by lawmakers.
Tuesday, November 01, 2011 5:16:31 PM
Economy Minister wins Majlis confidence

The impeachment bill failed to gain the needed votes to be approved by the parliament. Of the 244 votes cast, 141 MPs voted against impeachment, 93 voted to impeach, and 10 abstained.   

The bill to impeach the Minister of Economic Affairs and Finance was among the most controversial bills submitted to the Majlis Presiding Board over the recent weeks.

Hossini will continue his job after receiving the confidence vote of the parliament members.

Some members of the parliament believed that Minister of Economy’s loose control over the subordinate financial institutions, especially the banks was the main reason behind the recent embezzlement case which triggered huge debates in the media and among the people.

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