A board member of livestock feed importers said billions of dollars from oil money did not return to the country
Mohammad Mehdi Nahavandi, a board member of Iran’s livestock and poultry feed importers, stated regarding the occurrence of corruption by some trust companies selling oil shipments and trusted exchange offices. They use the pretense that they have received the foreign currency from oil sales, but in reality, no money is returned to the country. Or they have engaged in unsupported oil transactions, which have led to a shortage of foreign currency in the country. He noted that this blatant corruption is related to the way the Ministry of Oil and the Central Bank supervise the agents they have selected themselves.
He emphasized that before the entry of these new trust companies, this corruption did not occur. While now these trust companies and new trusted exchange offices claim that due to sanctions they cannot return the oil money to the country, other trust companies and exchange offices, under the same sanctions, deliver the oil money.
He said it has been seen many times that fake and forged SWIFT documents have been presented to the Central Bank and the Ministry of Oil, and after two weeks it is realized that these SWIFTs and transfers were not real and no foreign currency has returned.
Nahavandi stated, be sure that the impact of the corruption by these fake and empty trust companies and exchange offices is far greater than the sanctions and oil discounts, and the disruption in the order of currency activities and specific beneficiaries who have entered this field is much greater than the limitations of the sanctions.
He emphasized that the main corruption occurred where individuals who do not have the competence and integrity for this work were selected and employed.