Tag: Financial Corruption

The governor of the Central Bank of Iran (CBI) says the country has plans to work independently from the European Instrument in Support of Trade Exchanges (INSTEX), which has so far failed to help Iran reap the benefits of the Iran nuclear deal in the face of the US bans.

Ahmad Tavakoli, a member of Iran’s Expediency Council, says the country’s ratification of the bills required for taking Iran out of the FATF blacklist depends on the US president’s behaviours, and thus the Council has postponed reviewing the bills until a ripe time.

The Financial Action Task Force (FATF) said Iran had until October to meet international standards against money-laundering and terror financing.

A financial officer working with the Iranian Oil Ministry has been arrested before fleeing the country, charged with embezzling $25 million.

Iran's Judiciary chief says an executive bylaw on looking into government officials' property and assets will soon come into force.

Iran’s Attorney General has called on the Canadian judiciary and police to prevent their country from turning into a centre of frauds and a safe haven for embezzlers.

Members of the Iranian-Canadian community have signed a petition against two Iranian embezzlers who are now living in Canada after escaping justice in Iran.

Iranian Foreign Ministry Spokesman Bahram Qassemi says adoption of the standards set by the Financial Action Task Force (FATF) is not expected to remove all economic problems of Iran but failing to adopt them will hamper the country’s trade exchange with the outside world.

If the Islamic Republic is to continue its trade exchanges with the outside world amid the harsh sanctions imposed on the country, it needs some specific work tools, one of which is the Financial Action Task Force (FATF), says Hossein Gharibi, an assistant to Iran’s foreign minister.

Iran's Guardian Council Spokesman Abbas Kadkhodaei says the council is not afraid of any referendum on Iran’s adoption of Palermo Convention and the Convention against Financing of Terrorism (CFT).