The Intelligence Organization of the Islamic Revolutionary Guard Corps (IRGC) arrested Ali Rastegar Sorkhei, the former managing director of Bank Mellat, on July 19. Rastegar Sorkhei was recently removed after leaked documents exposed that managers and executives at state-run companies were receiving exorbitant salaries and misusing government funds.
According to Tasnim News Agency, Rastegar Sorkhei was arrested for “activities in an organized group of banking corruption.” His deputy was also arrested, though his name was not provided in the Tasnim report. IRGC intelligence referred to Rastegar Sorkhei and his deputy as the “primary members” of this group.
