Exclusive / Attention Sheikh Gholamhossein Mohseni Ejei: For the case of the Ehsan Sepahan Mining Company, please assign a special notice to a competent judge.

Abdollah Abdi – Abdi Media

The traces of an organized corrupt gang in the country's mining and metals sector, specializing in circumventing the law with legal and judicial tools, can be uncovered by your intelligence, acumen, and expertise in detecting fraud.

As the Attorney General, and in the interest of preventing the violation of the rights of 50,000 disabled shareholders, you must urgently intervene in the dire situation of the Ihya Sepahan Company.

How is it possible that a group, which previously defrauded about 1.5 million pensioners from the National Retirement Fund in the matter of trading shares of the Mellat Insurance Company in exchange for selling valuable shares of the fund's mining and steel companies at a fraction of their value, now owns preferred shares in a public company like Ihya Sepahan, benefiting personally and plundering the people's and the country's assets?

The necessity for the intervention of supervisory and security agencies in the Ihya Sepahan Company is urgent and crucial.

Six months have passed since the financial year of Ihya, and the shareholder assembly for approving financial statements and determining the new board members has yet to be held.

On August 23 of this year, a petition was filed in the 40th branch of the Shahid Sadr Civil Court in Tehran requesting a ban on the voting rights of the Engineering Company Qaim Sepahan, which owns 42% of Ihya's shares. The judge, after considering the laws and knowing that shares were bought through subsidiary companies in the parent company, rejected the defense of the Qaim Sepahan Company and issued a ruling banning the company and its subsidiaries from exercising voting rights in all general meetings of Ihya.

After an objection to the ruling by Qaim Sepahan, the judge of the 47th Civil Branch of the Sadr Court in Tehran issued a temporary order on December 5th, banning any meeting held by the board of directors and other legal authorities until the ruling of the appeals court is resolved.

This Thursday, the legal auditor of Ihya has issued a public invitation for shareholders to attend the annual general meeting for the approval of the previous year's financial performance in Tehran.

In the meantime, the Securities and Exchange Organization remains confused and silent.

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