Iran's Islamic Revolutionary Guards Corps (IRGC) has arrested the former manager of one of Iran's major banks and his deputy over alleged corruption, IRGC affiliated news agencies Fars and Tasnim reported on July 20.
Former manager of Bank Mellat, Ali Rastegar Sorkhei
Ali Rastegar Sorkhei, the former manager of Bank Mellat and his international affairs deputy, were arrested by the IRGC on an order from Iran's judiciary, the reports said.
Rastegar Sorkhei reportedly resigned last month due to a major scandal involving inflated salaries, bonuses, and other benefits for state executives and bank managers.
The hard-line Fars agency said Rastegar is a member of an organized banking "corruption ring" that has been identified in the country.
The scandal over inflated salaries for state executives is seen by some as an attempt to hurt President Hassan Rohani and diminish his chances of reelection in next year's presidential vote.
Rohani, who came to power with the promise of ending corruption and improving the economy, has ordered an investigation into the "unconventional salaries."
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