January 03-2014
Labor Minister Ali Rabii has reportedly accused Saeed Mortazavi of corruption while he headed the Social Security Fund at the Labor Ministry. Rabii was quoted in the media as speaking about the illicit transfer of 138 companies by the Social Security Fund. The fund has bought many firms being privatized by the government. The news coverage wasn’t clear if Montazeri was being accused of re-selling those companies cheaply to friends. But the articles spoke of financial fraud totaling 170 trillion rials ($5.6 billion).