Managing Director of Bank Sepah on Embezzlement
September 23, 2000 - 0:0
TEHRAN Managing Director of Bank Sepah, Valiollah Seif, brushed aside the report appeared in the daily of Entekhab last Wednesday on the amount of the embezzlement carried out in Iran's Bank Sepah.
Documents dealing with the embezzlement were discovered some months ago by the bank's control system and the Inspection Department, Seif added.
Talking to IRNA, Seif said that the embezzlement amounts to slightly over 30 billion rials, adding that the accused dealing with the case have been detained.
"As soon as the reports concerning the embezzlement were received, I notified the different departments of the bank, the authorities of the State Inspectorate Organization (SIO), the head of the Judicial Complex Investigating Offenses of Civil Servants as well as the Central Bank." Asked on the reasons for announcement or disclosure of the report by Iraj Sefati Dezfouli in Entekhab, Seif responded that on early days of my work in Bank Sepah, I received several reports on ill performance in dentistry clinic belonging to the bank's staff.
"I investigated on the case that resulted in ouster of its manager Sefati Dezfouli whom I late found to be brother of the then MP", he elaborated.
Some time later an interview was carried in one of the newspapers on performance of the management of the Bank Sepah with Mr. Sefati Dezfouli who then proposed that performance of Bank Sepah should be investigated by the Majlis.
In the closing days of the Fifth Majlis, Mr. Sefati Dezfouli had sent documents to judicial authorities and called for investigation, but explanation by the bank to the Auditory Tribunal of the country seemed to be convincing and the officials concerned did not follow up the case any longer.
He said raising such issues through illegal channels will not resolve problems but rather intensify the public confusion and distrust in the banking system, damaging the national interests.
Documents dealing with the embezzlement were discovered some months ago by the bank's control system and the Inspection Department, Seif added.
Talking to IRNA, Seif said that the embezzlement amounts to slightly over 30 billion rials, adding that the accused dealing with the case have been detained.
"As soon as the reports concerning the embezzlement were received, I notified the different departments of the bank, the authorities of the State Inspectorate Organization (SIO), the head of the Judicial Complex Investigating Offenses of Civil Servants as well as the Central Bank." Asked on the reasons for announcement or disclosure of the report by Iraj Sefati Dezfouli in Entekhab, Seif responded that on early days of my work in Bank Sepah, I received several reports on ill performance in dentistry clinic belonging to the bank's staff.
"I investigated on the case that resulted in ouster of its manager Sefati Dezfouli whom I late found to be brother of the then MP", he elaborated.
Some time later an interview was carried in one of the newspapers on performance of the management of the Bank Sepah with Mr. Sefati Dezfouli who then proposed that performance of Bank Sepah should be investigated by the Majlis.
In the closing days of the Fifth Majlis, Mr. Sefati Dezfouli had sent documents to judicial authorities and called for investigation, but explanation by the bank to the Auditory Tribunal of the country seemed to be convincing and the officials concerned did not follow up the case any longer.
He said raising such issues through illegal channels will not resolve problems but rather intensify the public confusion and distrust in the banking system, damaging the national interests.