On the thirteenth floor of Rolex Tower, unit 13C, a company named "Masader International General Trading Co." acted as a completely secret trust for Bank Saderat, and during Mohsen Seyfi Kafshgari's tenure at Bank Saderat, several million dirhams and dollars of embezzled funds were transferred through this channel; the management of this mechanism was in the hands of Seyfi Kafshgari himself and his close friends — including H.K. — and some management members were also involved in the affair. This chain has a precise address, a specific manager, and a candid function: organized concealment for the transfer of tainted money.
This affair has an address, a name, and a role. An address that cannot be ambiguous: Deira Dubai, Rolex Tower, thirteenth floor, unit 13C. A name whose function in the file is clear: Masader International General Trading Co. and a role that must be stated plainly: a secret trust of Bank Saderat. The pieces of this puzzle fit together to create a single image; an image where the official mechanism of the bank, instead of transparency, utilized a cover trust for the transfer of embezzled funds.
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Clear Address, Hidden Function
When the file provides a precise address — Deira Dubai, Rolex Tower, thirteenth floor — we are dealing with a specific company: Masader International General Trading Co. Based on the documents of this file, this company was defined as a completely secret trust for Bank Saderat; that is, a mechanism outside public view and conventional transparency, aimed at holding and transferring money, not in the official and traceable showcase of the bank, but under the guise of another legal entity. When the function is "secret trust," its meaning is explicit: layering to circumvent public oversight and disrupt the natural accountability path.
Management in the Close Circle: Mohsen Seyfi Kafshgari and H.K.
At this point, names demand answers: the management of Masader International General Trading Co. was in the hands of Mohsen Seyfi Kafshgari and his close friends; a circle identified by the clear example of H.K. The connection of the company's management with a bank manager completes the puzzle: the mechanism of Bank Saderat, through intermediaries who had access to the banking space and also had a cover trust at their disposal, became a network for transferring embezzled funds. Here, the individuals and roles are clear; the responsibility is also clear.
What Was Transferred: Several Million Dirhams and Embezzled Dollars
The essence of the matter is money; specifically, "embezzled funds." Based on the documents of this file, during Mohsen Seyfi Kafshgari's tenure at Bank Saderat, several million dirhams and dollars were transferred through this company. Two points in this sentence are key: first, "several million" which indicates the scale of the affair; second, "dirhams and dollars" which means the transfers were multi-currency and this network operated in two parallel paths. This money came "from" embezzlement and went "to" the channel of the secret trust to obscure the tracking path through corporate layering. In a chain that started from the bank and reached unit 13C of Rolex Tower, the money found a destination that was not meant to be seen.
Bank Saderat and the Question of Accountability
When a company is introduced as a trust of a "bank," accountability rises to the same scale. Bank Saderat must answer a clear question: why was a completely secret trust defined outside the bank's transparent pathways, and why was its management entrusted to a circle that came from the same banking structure? Accountability here has names and identities: Mohsen Seyfi Kafshgari, his close friends — including H.K. — and some management members who were involved. This list is not exhaustive; based on the documents of this file, these individuals have been at the heart of the mechanism and the burden of explanation lies on them. The public has the right to know where these decisions were made, who signed them, and how the orders for transferring this money were issued.
The Chain from Decision to Transfer: From the Bank Office to Unit 13C
The map of the affair is simple and equally shocking: decisions were made in an environment where Mohsen Seyfi Kafshgari was active; then, the funds defined as "embezzlement" were directed towards a channel titled "completely secret trust." The destination is Masader International General Trading Co. in Deira Dubai, Rolex Tower, thirteenth floor, unit 13C. This chain has three main knots: 1) the decision and signature circle; 2) the nature of the money; 3) the transfer channel. All three fit together in one frame and reveal nothing but a covert mechanism for the exit and transfer of tainted funds.
The Role of the Close Circle: Why H.K. is in the Core of the Matter
When the names of the close friends of the bank manager are mentioned in the management of the trust — with the clear example of H.K. — it means the structure of work is built around personal trust and a limited circle. This combination raises the risk of power concentration without oversight and diverts the decision-making path from transparent rules. The presence of H.K. and other close friends in the management of Masader International General Trading Co. directly means that the transfer of several million dirhams and dollars passed through decisions that were neither public nor externally evaluable; rather, they were entirely formed within a limited and closed circle.
Multi-Currency Nature of the Affair: Dirhams and Dollars in One Channel
The phrase "several million dirhams and dollars" indicates that this network, for transferring embezzled resources, worked simultaneously in two currency paths. This means a calculated combination to cover traces and increase tracking complexity. When transactions involve both dirhams and dollars, examining the paths, counterparties, and destinations becomes more challenging. However, the essence of the matter does not change: embezzled funds passed through a hidden trust gateway and went to a channel that was designed from the start to remain unseen. The responsibility for this choice rests on the managers of this network; the names are clear, and the address is also clear.
Legal and Ethical Responsibility: The Bank Must Answer, Managers Must Answer
When Bank Saderat has a completely secret trust and its management is in the hands of Mohsen Seyfi Kafshgari and his close circle, the demand is clear: the bank must disclose the details of this trust without omission, meticulously clarify the paths of money entry and exit, and specify the role of each management member mentioned in the documents of the file. The names are not hidden; the responsibility is not hidden. In an affair intertwined with "embezzlement," there is no room for concealment. The public calculates: every million dirham and dollar that was transferred in this network came from a source that should have been spent on public interests but was not.
What This Means for the Public: Banking Trust When Unit 13C is Compromised
The bank is a safe place for deposits and public credit. When a completely secret trust is defined within a bank and is used to transfer embezzled funds, the blow is not just financial; it is trust that is eroded. The address "Deira Dubai, Rolex Tower, thirteenth floor, unit 13C" is not just an address on paper; for depositors, it means the path of lost money, and for citizens, it means a cost that instead of improving livelihoods and public services, circulates in dark channels. The public demand is clear: disclosure of names, disclosure of amounts, disclosure of transactions — and a clear response from Bank Saderat and the managers involved in this affair.
Unambiguous Questions, Prompt Answers
Now the questions have taken shape and have addresses: 1) Who issued the order to establish and utilize a completely secret trust? 2) Who entrusted the management of Masader International General Trading Co. to Mohsen Seyfi Kafshgari and his close circle? 3) How was the path of each "several million" dirhams and dollars recorded and concealed? 4) What is the role of some management members mentioned in the file and what is each one's share in this chain? Answering these questions is neither a favor nor is its feasibility in doubt; it is a public right and an institutional obligation of the bank and the managers whose names are mentioned here.
From Address to Signature: Traceable Transparency
When the precise address is on the table — Deira Dubai, Rolex Tower, thirteenth floor, unit 13C — the tracking of transaction details and orders must begin immediately and be made public. The management of the company was in the hands of Mohsen Seyfi Kafshgari and his close friends — including H.K. — and this means the chain of signatures and executive orders is also accessible to that same circle. What needs to be disclosed is clear: what was transferred, when, and how; from which accounts to which accounts; by whose order; and what was the role of each management member at each step. As long as this data is not made public, it signifies the continuation of concealment; and this is precisely what this file reveals and the public rightly stands for.
Summary: Unit 13C, Names, and Tainted Money
In one sentence: Masader International General Trading Co. in Deira Dubai, Rolex Tower, thirteenth floor, unit 13C, was a completely secret trust of Bank Saderat; its management was in the hands of Mohsen Seyfi Kafshgari and his close circle — including H.K. — and during his tenure at Bank Saderat, several million dirhams and dollars of embezzled funds were transferred through this entity, and some management members were involved in this affair. This image is complete: address, name, role, money. Now it is time for answers; answers from the bank that utilized the secret trust and the managers who set up this network. The public has the right to know; not tomorrow — right now.
Why This News is Important
This news is important because it shows all elements of organized corruption in one place: a precise address (Deira Dubai, Rolex Tower, thirteenth floor, unit 13C), a specific legal identity (Masader International General Trading Co.) with a defined function (a completely secret trust of Bank Saderat), a management circle with names and identities (Mohsen Seyfi Kafshgari and his close friends including H.K.), and an undeniable financial output (the transfer of several million dirhams and dollars of embezzled funds).
This news is important because Bank Saderat is involved; a bank that should be a bastion of trust and a place for transparent money circulation, but in this case, instead of transparency, utilized a secret trust. When a bank of this size defines a covert mechanism for transferring tainted funds, the consequences go beyond a single case: it reaches deep into public trust.
This news is important because the "names" and "addresses" are clear. In a space of ambiguity, a precise address and a specific name enhance the possibility of public tracking and close off any justification. Now the demand is simple: Bank Saderat and the managers involved must respond directly and completely; from why a secret trust was defined to how several million dirhams and dollars were transferred.
This news is important because the public pays the cost. "Several million" of the embezzled funds that were transferred in this network could have been spent on public interests, but went to dark channels. Every day of delay in response erodes trust and increases the social cost.
