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 shipment of over 30,000 tons of phosphate arrived at Puerto Cabello port in late July on board the Shi Long Ling, a Chinese-flagged vessel that began its long journey in northern Africa. The cargo boat docked on July 26 after traveling more than 3,200 nautical miles. Undoubtedly, this would just be considered one in many cargo ships crisscrossing the oceans if it were not for the fact that Venezuela has denounced Western Sahara occupation by Morocco and yet purchases the territory's natural resource products from the occupying power.