Exposing another chapter of the corruption of Eghtesad Novin Bank, in the deliberate neglect of the central bank

The corrupt CEO of the bank, Eghtesad Novin, violates the rights of the beneficiaries by falsely manipulating the bank's positive performance over the past 3 years, claiming efficiency, profitability, and financial tricks.

An overview of the audited financial statements:

In the performance of 2020, which is advertised as the first year of his success, the bank recognized a profit of about 2000 billion tomans, and they blew the whistle that while saving the bank, we have a record of growth in the banking system. (Document number 1 in the next post)

But after deceiving a wide range of stakeholders, especially shareholders, in the next year, i.e. 2021, an amount of about 1100 billion Tomans equivalent to 55% has been adjusted with a correction document and reduced the bank's profit. (Document number 2 in the next post)

This financial trick, carried out by taking false reserves and making vague and surreptitious profits, while ensuring the survival of Belgouri as CEO in his position through major shareholders, has also harmed a wide range of small shareholders who were encouraged to buy these shares.

Let's not forget that Alireza Belgouri, the problematic CEO of Eghtesad Novin Bank, has been a financial manager in the banking system since the eighties and is familiar with all kinds of tricks, profit-making, and false reporting.

These Syrian and illusory successes and the intoxication of power that he gained from Abqa led to the suppression of employees and managers who opposed Belgouri's high-risk performance in the bank, which led to a brutal and cowardly settlement of accounts with more than 300 employees and managers of the bank.

This behavior will probably be repeated regarding the profitability of 1400. The 2,500 billion Tomans profit identified in 2021 is also deceptive and will show its impact soon.

It is right that the major shareholders, potential buyers of shares, reliable, knowledgeable, and honest analysts, the stock exchange organization, and the regulatory institutions that still doubt his corruption, are exposed to these empty and fraudulent miracles and miracles of this corrupt CEO and his corrupt associates. Remove and carefully and properly audit this corrupt flow that has penetrated all institutions like an octopus.

Also, to the central bank and its supervisory deputy, the banking and insurance deputy of the Ministry of Economy and Finance, supervisory bodies such as the head of the special prosecutor's office for economic crimes, the deputy economic information of the Ministry of Intelligence and the economic deputy of the IRGC Intelligence Organization (if it is important to them and they do not have more important considerations or intimidated by the power They are not parallel or higher, which is sufficient for the time being mentioned) which is doubly responsible due to the support of their corrupt employees, I warn you, deal with the corruption of Eghtesad Novin Bank fairly, carefully and expertly and do not let people's funds go in danger more than this.

In the deliberate negligence of the central bank and its managers, the timely action of the prosecutor as the public prosecutor is strongly felt.

Abdollah Abdi - Abdi Media