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January 2006, No. 38


Investment

No Muslim jurisprudent has ever alleged that any kind of wealth amassment is against religion. The biggest economic corruption is transfer of a national asset to another country.

Capital Flight is Corruption

Embezzlement, theft and misappropriation of public property, are less dangerous than capital flight. That is the belief of Iran’s judiciary. Making the above comments, Ayatollah Seyed Mahmoud Shahroudi, Head of Iran’s Judiciary added that "It is true that an offender commits a prohibited act when s/he misappropriates property, but he/she has not taken it out of the country." They believe that not respecting people’s capital and property or eliminating investment grounds is a bigger corruption than embezzlement.

He stated that the main problem plaguing Iranian society is posed by options chosen by enemies to express their animosity toward Iran. "Out of many analyses, they have chosen those options that are related to affecting the system from inside the country while foreign options such as war and antirevolutionary forces are out of the question," he said.

Judiciary chief stated that those options certainly have two economic and cultural axes. "They give priority to the first (economic) part and they are planning to push our economy toward an impasse. Financial convictions, preventing use of international monetary facilities and even blocking accounts of some of our embassies and preventing Iranian companies from being active in their countries are their main tools. Inside the country, they are trying to promote economic corruption and insecurity, creating doubts among people and encouraging capital flight. Worse than that, they are slandering executive directors and bodies, especially the new government. They want to show that the current directors are naïve and through negative propaganda, encourage investors to take their capital into underground activities or get it out of the country."

The system’s policies delineated by the 20-year perspective plan and the Fourth Economic Development Plan are unchangeable and are sequels to economic reform policy

Shahroudi noted that severe propaganda has started outside the country and it has had some effects. "Unfortunately, lack of clear regulation for media publicity inside the country, emphasizes the trend that has been launched against us by the enemies. The quality of reporting economic violations is very important. You can talk about this issue in a way as to bolster economic security or you can interpret such concepts as social justice in such a way that people would think that the economic system is going to take money from the rich and give it to the poor within a frame similar to Imam Khomeini Relief Committee."

According to the Islamic social justice, every family should have a job and make a living through it, not look forward to stipends from the government. "Turning the society into a body expecting stipends from the government is nothing but to spread poverty. Social justice is creating jobs in the society as opposed to economic work. The enemy uses such opportunities to harm our economy," he said.

"Do they defame any investor who intends to spend his/her money on economic activities? Some people assume that everybody who wants to establish several plants has gained his/her wealth through inappropriate means. No Muslim jurisprudent has ever alleged that any kind of wealth amassment is against religion. The biggest economic corruption is transfer of a national asset to another country. This is quite like when part of the country has been detached. We must find reasons behind this major corruption."

"Mudslinging in the country exacerbates this problem. If there is a weakness in other countries, they try to cover it through positive publicity, but political factions in our country do their best to exaggerate any weakness. The new government has been unfairly labeled as being against reforms which took place in preceding years while Ahmadinejad has never taken such an approach. Meanwhile, the system’s policies delineated by the 20-year perspective plan and the Fourth Economic Development Plan are unchangeable and are sequels to economic reform policy."

Shahroudi noted that the government, judiciary and legislature pursue policies approved by the 20-year perspective plan and the Fourth Economic Development Plan. "Giving priority to justice does not mean that we must forsake those policies. It means that policies should be redirected toward development of deprived regions."

 

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  January 2006
No. 38