Oil

Collusion in the Field of Corruption: From Azadegan South to Billions in Document Forgery

Discovery of widespread corruption in the oil industry with the collaboration of a former parliament representative and the HR manager of OICO. Has the Azadegan South field turned into a field of corruption?

Examination of documents and verified information shows that the collaboration of Eisa Moghaddamizad, a former parliament representative and board member of the Oil Industry Engineering and Construction Company, with Akbar Yavari, the HR manager and board member of the Oil Industry Startup and Operation Company (OICO), has led to the formation of extensive and multi-billion-dollar contracting corruption.

Document Forgery and Financial Statement Alteration

This collaboration has taken place in the form of collusion, document forgery, and exerting influence in OICO's contractual and financial processes. Existing evidence indicates that this relationship has had a direct impact on the way contracts and agreements are concluded at OICO and has led to accounting manipulation in the monthly and annual financial statements of this company. OICO operates under the supervision of pension, savings, and welfare funds for oil industry employees, and Eisa Moghaddamizad, as a member of the board of directors, has played a supportive and influential role in stabilizing Akbar Yavari's position.

Akbar Yavari's Central Role in Tenders

Moghaddamizad is also a board member of the Oil Industry Engineering and Construction Company, which is recognized as the parent company of OICO. According to documents, Akbar Yavari, who is present as a representative of the Investment Goals Company on OICO's board, has played a central role in the controversial decision-making of this organization.

One of OICO's largest contracts is the Azadegan South oil field project, part of the Arvand oil fields on the border of Hoveyzeh and the shared field with Iraq. According to documents, Akbar Yavari facilitated the winning of the tender and the exploitation of its benefits by paying about 30 billion tomans to Abdollah Azari Ahvazi, the former CEO of Arvand.