Corruption in Tondgouyan Petrochemical Company with the disclosure of documents showing the purchase of Terminol oil at more than its real value indicates the extent of corruption and collusion in this company.
According to the documents, this controversial purchase was made under the supervision and coordination of Farshid Jahangiri, the commercial director of Tondgouyan, with a purchase amount of €1.5 million.
The extent of this corruption also involves some other company managers, and according to informed sources, individuals such as Maziar Madooli, CEO of Tondgouyan Petrochemical, and Masoudi, Chairman of the Board, also had a special role in approving this expensive purchase.
According to the documents, some of these oils were expired, and the process of contracting and importing them was carried out without the knowledge of some other board members.
According to informed sources in this company, Farshid Jahangiri, knowing the timing of Madooli's appointment replacing Ghasemi Shahr, moved the contract approval to the managerial transition period of this company to ensure the legal process was conducted with minimal oversight.
Considering what has been previously published about Tondgouyan, it is necessary to review Jahangiri's tenure in the company's commercial deputy. This deputy has turned Tondgouyan's commercial sector into a hub of corruption, collusion, and massive invoicing, receiving significant profits by involving some board members.
