Iran Insurance embezzlement case

Embezzlement scandal

Iran Insurance embezzlement case

Court| Supreme Court of Iran, Branch 32[1]
Decided| August 24, 2014 (2014-08-24)[1]
Case history
Appealed from| Tehran Province Crime Court, Branch 76[2]
Court membership
Judges sitting| Judge Modir-Khorasani[2]
Judge Zabihizadeh[2]
Judge Mohammadi-Kashkouli[2]
Keywords

* Embezzlement
* Forgery
* Bribery
* Money laundering
* Acquisition of illicit property

The Iran Insurance embezzlement case refers to an embezzlement scandal within the state-owned Iran Insurance Company, publicized in November 2010. Key figures behind the scandal included a clique of statesmen within the government of Mahmoud Ahmadinejad, known as the Fatemi Circle. The case was controversially appealed at the same time with 2011 Iranian embezzlement scandal.[2]

## Convicted people

[edit]

### 2014

[edit]

On 24 August 2014, the fate of the 12 suspects were decided.[1]

#  | Name  | Conviction  | Prison  | Money Return (Rials)  | Fine (Rials)  | Other penalties

|
|
|
|
|
|

1  | Mostafa Hamzeh-Nosi  | forming embezzlement network
forgery  | Life sentence | 33,296,089,620  | 64,092,179,240  | banned for life from government work
2  | Davoud Fahimi-Roudposhti  | forming embezzlement network
forgery  | Life sentence | 35,796,089,920  | 66,592,172,240  | banned for life from government work
3  | Badiollah Kiani  | forming embezzlement network
forgery  | 25 years  | 10,750,574,330  | 61,592,179,240  | banned for life from government work
4  | Jaber Abdali | forming embezzlement network
forgery  | 15 years  | 18,500,000,000  | 37,000,000,000  |
5  | Mohammad-Taghi Tavakkoli  | bribe taking  | 8 years  | —  | 1,000,000,000  | banned from government work
6  | Ali Jalil  | bribe taking  | 5 years  | —  | 7,000,000,000  |
7  | Shahriar Khosravi  | bribe taking  | 9 years  | —  | 5,000,000,000  |
8  | Mahmoud Bagheri-Zamani  | contribution in embezzlement  | 1½ years  | 1,390,000,000  | 2,780,000,000  |
9  | Iraj Abdolhamidi  | assisting embezzlement  | 1 year  | 135,000,000  | 270,000,000  |
10  | Fariborz Farid-Danesh  | assisting embezzlement and forgery  | ½ year  | 980,500,000  | 1,861,000,000  |
11  | Davoud Sarkhosh-Shahri  | bribe taking  | 3 years  | 1,700,000,000  | —  |
12  | Yousef-Ali Darounparvar  |  | 11 years  | —  | —  |

### 2015

[edit]

Former First Vice President of Iran, Mohammad-Reza Rahimi was convicted of "Illegal acquisition of illicit property" and accepting bribes and was sentenced to 5 years and 91 days in prison, ordered to return 8,500,000,000 rials and fined 10,000,000,000 rials.[3]

## References

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1. ^ a b c "احکام قطعی گروهی از متهمان پرونده بیمه ایران صادر شد" (in Persian). Iranian Students News Agency. April 22, 2014. Retrieved February 20, 2015.
2. ^ a b c d e Javadi Nobandegani, Mohammad Abbas (November 2013). "اختلاس بیمه؛ پرونده ای که خیلی ها داستانش را نمی دانند" (in Persian). Khabar Online. Retrieved February 20, 2015.
3. ^ "Former vice president behind bars" (in Persian). Tehran Times. 16 February 2015. Retrieved February 20, 2015.

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