{"id":8788,"date":"2010-08-29T05:04:14","date_gmt":"2010-08-29T04:04:14","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/issues\/economy\/8788-iran-ahmadinejad-factions-plunders-in-the-oil-ministry"},"modified":"2023-01-13T16:09:06","modified_gmt":"2023-01-13T15:09:06","slug":"iran-ahmadinejad-factions-plunders-in-the-oil-ministry","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/iran-ahmadinejad-factions-plunders-in-the-oil-ministry\/","title":{"rendered":"Iran: Ahmadinejad faction’s plunders in the Oil Ministry"},"content":{"rendered":"

\"OilNCRI – In the midst of growing divisions among the Iranian regime’s various factions, a state-run media outlet has exposed a plan to plunder billions of dollars by the regime’s Oil Ministry.<\/p>\n

According to Jahan News web site on Saturday, two companies whose initial capital was only $100 were given a portion of the South Pars project worth over $21 billion.<\/p>\n

The agreement was signed in June, according to the news agency, which added that the Petro Paydar Iranian Inc., which has a stake in the $5 billion consortium for the development of Phase 13 of South Pars, was created on June 15, 2010 with an initial cash on hand of $100 precisely on the day the agreement was signed. The company was registered as no. 377800 and the national identity code of  10320271640.<\/p>\n

According to this report, the second company was the Petro Sina Arya Oil and Gas Company Inc., which is involved in the five-billion-dollar consortium for phases 22-24 of South Pars. The company was registered on June 14, 2010, only a day prior to the signing of the agreement, and it also had a capital of $100. It was registered as no. 377660 and the national ID code of 10320271046.<\/p>\n

Jahan News added, “The fundamental and serious question that needs to be asked of the respectable directors of the Oil Ministry and the President – in whose presence the agreement was signed – is that how, why, and with what kind of a legal permit have two $100 dollar companies, which had the same managers and shareholders on the days they were created, were allowed to take part in multi-billion dollar projects? They also had access to 3 billion Euros and 3 billion dollars worth of bonds.<\/p>\n

The contract for the multi-billion dollar development of South Pars was awarded on Tuesday, June 15, 2010 in the presence of the Iranian regime’s President, Mahmoud Ahmadinejad.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

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