The Iran Project

Spokesman rejects Bahrain’s Ruling against Central Bank of Iran

The spokesperson for the Iranian Foreign Ministry vehemently rejected the accusations that a Bahraini court has leveled against the Central Bank of Iran, saying such a move has been based on political intentions.

Speaking to reporters on Sunday, Saeed Khatibzadeh said, “The Islamic Republic of Iran strongly rejects accusations leveled against the Central Bank of Iran and other Iranian banks in Bahrain.”

“Bringing up such cases and leveling baseless accusations and allegations against the Central Bank of Iran, Saderat and Melli banks, and their managers are solely based on political motivations and lack any legal value,” he added.

“The judicial procedure taken by the Bahraini courts against the Central Bank (of Iran) and the Iranian individuals and banks is so flawed that we have no official and reliable source, apart from some media sources, to know about the details of these cases. Therefore, any opinion announced in this regard is based on the media news stories,” the spokesman stated.

“In all these cases, the Bahraini court is apparently only carrying out the orders and decisions of Bahrain’s political and security organs. On the other hand, these cases are devoid of judicial standards related to due process and the Iranian sides have been deprived of their primary rights while the judicial process has been non-transparent and flawed,” Khatibzadeh noted, Press TV reported.

He also emphasized that Iran reserves the right to use all national and international means available to it to counter such measures by Bahrain and will not back down in defense of the interests and rights of its citizens.

According to media reports, Bahrain’s High Criminal Court has accused the Central Bank of Iran, along with a number of other Iranian banks and their officials, of being involved in “money laundering” activities.

The Bahraini public prosecutor has sentenced the defendants to various terms of imprisonment as well as financial punishment.

Bahrain’s public prosecutor and state-owned news service claimed that the prosecution was “the largest money laundering case in the history of the kingdom.”

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