Advertisement

Iranian minister survives impeachment

Minister of Economic Affairs and Finance Seyyed Shamseddin Hosseini (R) passes a letter to unidentified law maker during his impeachmen in Iran's parliament in Tehran,Iran on November 1,2011. Iran's parliament voted in favor of him to stay at his post. UPI/Maryam Rahmanian
1 of 4 | Minister of Economic Affairs and Finance Seyyed Shamseddin Hosseini (R) passes a letter to unidentified law maker during his impeachmen in Iran's parliament in Tehran,Iran on November 1,2011. Iran's parliament voted in favor of him to stay at his post. UPI/Maryam Rahmanian | License Photo

TEHRAN, Nov. 2 (UPI) -- Iranian lawmakers voted against impeaching the country's economic minister for a nearly $3 billion banking fraud case termed the biggest in Iran's history.

The vote of 141-93 with 10 abstentions allowed Shamseddin Hosseini to remain in his post, Iran's Press TV reported Wednesday.

Advertisement

During a heated question-and-answer session, Hosseini denied any involvement in the case but accepted responsibility and apologized to the Iranian people.

"I did not resign my post because this $2.6 billion financial fraud case occurred during my tenure, and I had to make up for it," he said.

Hosseini told lawmakers he tried to implement fundamental reforms, the Tehran Times reported.

Iranian President Mahmoud Ahmadinejad defended Hosseini's performance.

Two dozen people have been arrested and 67 others have been questioned in the bank fraud case, Iran's top prosecutor said.

Latest Headlines