Iran's shadow oil billions vanish as trusties flee, Interpol red notices issued

Iran's secret oil money network scandal widens as billions go missing, 15 Interpol notices sought Iran's shadowy oil revenue network has come under the radar after officials revealed that intermediaries handling state funds had misappropriated billions, with some fleeing the country, Iran International reported.The controversy has brought renewed attention to the system of "trusties" — private companies and middlemen tasked with moving oil revenues outside the formal banking system to bypass international sanctions.Zabihollah Khodaeian, head of Iran's State Inspection Organization, said on state television that one intermediary alone had failed to return $200 million before absconding. He also confirmed that 59 criminal cases had been filed against managers of these trustee companies, with some suspects already in custody and others on the run.Prosecutors have also requested Interpol Red Notices for 15 individuals linked to the network, Iranian media reported.The disclosures drew sharp criticism from Majid Reza Hariri, head of the Iran-China Chamber of Commerce, who publicly questioned how such large sums could disappear without accountability."Who introduced these trusties? Who gu...