Word: ebtehaj
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Dates: during 1960-1969
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Iran's peppery Abol Hassan Ebtehaj, 62, is a talented economic planner who has strong opinions and speaks them frankly. As head of his government's Plan Organization from 1954 to 1959, he put into operation most of the big economic development projects for land irrigation, road improvement and bridge building under Iran's Seven-Year Plan. He also is a highly successful Teheran banker with a reputation for hard work and unswerving honesty. Last November he was arrested by Iranian police and carted off to jail on vague charges of extravagance and misuse of public funds...
Specifically, his interrogators accused Ebtehaj of signing, without proper authority, a contract with David E. Lilienthal's Development & Resources Corp. for a big irrigation and industrial project in Khuzistan province. Reportedly, the deal had been accepted in principle by the government, but not yet formally approved...