Iran’s largest ‘private’ bank is run by Supreme Leader’s business empire
Parsian Bank calls itself private. Its own shareholder’s audited accounts say Setad, the business empire under Iran’s supreme leader, manages its shares and picks its board, and the bank has lent heavily to Setad’s companies, an Iran International investigation shows.
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Iran International
Iran’s largest ‘private’ bank is run by Supreme Leader’s business empire
Parsian Bank calls itself private. Its own shareholder’s audited accounts say Setad, the business empire under Iran’s supreme leader, manages its shares and picks its board, and the bank has lent heavily to Setad’s companies, an Iran International investigation shows.
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