Is there another possibility of violations in Kerman’s Gehrzamin Mine / Mubarakeh Steel?
According to the reporter of online industries in Kerman, Gohar Zameen iron ore mine is the largest iron ore mine in the country with a reserve of 600 million tons of iron ore. The exploitation of this mine started in January 2003 and its operation was entrusted to Sang Ahan Gohar Zameen.
But in recent years, according to some documents, this mine, like other mines in Kerman province, has been associated with extensive financial violations, and there has also been the involvement of some members of parliament in the appointments of the board of directors and the CEO of the country’s largest iron ore mine.
The case of violations in Gohar Zameen mine has been investigated by regulatory bodies such as the Securities and Exchange Organization and the General Inspection Organization of the country, and reports have been published confirming the violations of the board of directors of this mine, but there has been no judicial follow-up regarding these violations, and the members of the board of directors are still and CEO of Gohar Zameen mine continue their work.
Financial violations in the supply of machinery
In the years 1399 and 1400, it was decided that a number of mining machines for extraction and operation of the mine will be purchased by Sang Ahan Gohar Zameen, and during a tender, a contract will be signed with Dobral Kompress Company to supply the machines as a contract through this company for Gohar Zameen Mine, but according to the report of the Stock Exchange Organization, Seyed Mohsen Mirmohammadi, who works as the Vice Chairman of the Board of Directors of Gohar Zameen Iron and Steel Company and is responsible for approving the purchase of machinery, is in contact with the Board of Directors of Machinery Supply Company (Dobral Kompress) at the same time. He has a family and in some way conflict of interest is evident in this tender, which is one of the common bases in the formation of violations in state and semi-state companies of the country.
On the other hand, an amount of 2892 billion Rials has been deposited to the supplier company, but documents indicating the transfer of machines to the company have not been provided. Also, in another instance, an amount of 682 billion Rials has been identified for the rental of machines, but about the manner of spending and the efficiency of this In this case, no documents have been submitted to the Stock Exchange and Securities Organization, and the Stock Exchange Organization considers this case as a violation of the mining board.
Also, in other cases, the company has prevented the disclosure of information to the stock exchange organization and dubious contracts have been concluded with related companies such as Gol Gohar Sirjan, Negin Gohar Middle East and Dobral Sanat for mining operations. There is no transparency regarding these contracts and the organization The stock exchange has considered Gohar Zameen’s lack of response as contrary to the legal provisions of public companies.
Violation of seven million euros!
In February of last year, the General Inspection Organization reacted to the problems of this mine in a report and almost confirmed the report of the Securities and Exchange Organization regarding financial violations in the supply of machinery. In this report, additional payments to the contractor are mentioned, despite the payment of 3 million euros in 1397 and 4 million euros in 1400 to the contractor, the company has problems in supplying machines, and the shortage of machines is evidenced by the consultant’s reports. The project is evident.
Also, in the report of the inspection organization, it is stated that: the explanation given by the managing director of Gohar Zameen Iron and Steel Company regarding the violations committed was not acceptable and the responsibility for the violations committed is the responsibility of the board of directors of Gohar Zameen Iron and Steel Company, Mohammad Fallah, CEO, Mohammad Jalal Maab. Chairman of the Board of Directors, Mohsen Mir Mohammadi is a member of the Board of Directors, Mohammad Reza Khezripour is a member of the Board of Directors, and Naser Sobhani is a member of the Board of Directors./Student
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This post is written by Hosein_digitalmarket