VOL. XLIV

No. 28

9-July-2001

IRAN

Cleric Alleges Corruption In Buybacks Program

Allegations by the secretary of Irans Guardians Council of corruption within the Oil Ministry in the administering of buyback contracts have brought a swift denial from Oil Minister Bijan Zanganeh. However, the allegations could lead to further damaging wrangling on the validity of buybacks by the Majlis (Irans parliament), after political debate last year necessitated the intervention of the countrys highest...