Radar Telegram alerts Open Radar

Strange corruption in the Karaj housing cooperative with 2,000 shareholders.

תרגם לעברית

tasnimnews_en · · Source

Strange corruption in the Karaj housing cooperative with 2,000 shareholders.

Strange corruption in the Karaj housing cooperative with 2,000 shareholders.

▪️23,000 square meters of land are awarded as a reward to managers!

Chief Judge of Alborz District:.

🔹The case deals with a housing cooperative in Karaj with 2,000 shareholders. Initially, the cooperative purchased land and assigned it to its members. Later, due to various issues, the board was dissolved, and new managers were elected.

🔹The new CEO and board of directors held a "general meeting" and approved decisions to transfer, sell or donate the cooperative's assets to members and non-members, as well as to award rewards to managers.

🔹Following complaints filed by a number of cooperative members accusing the CEO and former board members of "illegally obtaining property" and "breach of fiduciary duty", a legal case was opened and investigated. 🔹Part of the cooperative's assets were allocated to the current board members or their relatives. It is worth noting that the CEO at the time, who was also a lawyer, received 11 plots of land with an area of ​​300 to 900 square meters - totaling over 4,700 square meters - as a reward and payment for legal services.

tasnimnews.ir/3740962.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram