Iranian former minister detained in Germany over USD 70-million check
Iranian Former Finance Minister Tahmasb Mazaheri approved the incorporation of an Iran-Venezuela bank in 2008
According to information released on the Sunday edition of daily newspaper Bild, customs authorities found the check in Mazaheri's luggage, AP cited.
Mazaheri, who is also the former chairman of the Central Bank of Iran, explained that the check was intended to fund the construction of 10,000 homes to be built by Venezuela.
The former official is likely to face charges for tax evasion. According to Bild, the German police and customs authorities are also investigating whether this is a money laundering case.
In 2008, an Iran-Venezuela bank, called Banco Internacional de Desarrollo, C.A., was set up upon the approval of the Venezuelan government. The incorporation of the bank was been preliminarily approved by Tahmasb Mazaheri acting in his capacity as head of the Central Bank of Iran.
Translated by Jhean Cabrera
A simple reason: there is oil galore, would suffice to explain Guyana's actions. Another explanation lies in the little or none efforts made by the Venezuelan government to thwart the move by the Guyanese. This is certainly not a new problem, but a problem only recently highlighted because oil is involved. But what other resources does the disputed area hold? For most of us it is a section on the map with black and white stripes on it, a depiction of something distant, alien, a nothingness not worth paying much attention to in geography classes back in elementary school.