National

Move Against Fat Salaries

President Hassan Rouhani instructed First Vice President Es'haq Jahangiri on Sunday to take "firm action" regarding the payment of huge salaries and bonuses to managers at some state-owned financial firms, president.ir reported. "Reports have been received about the payment of unusual sums in the name of bonuses and loans [to managers]… which are unacceptable."  "It is necessary that sums paid unrightfully be returned to public funds and offending managers be dismissed."   The presidential intervention came in response to the recent revelations about handsome salaries to bank and insurance executives that was leaked on social media.