Thursday, December 30, 2010

Iran president auctioning old car for charity

TEHRAN, Iran -- Iran's populist president is putting his 33-year-old Peugeot up for auction for a charity that funds housing projects for young people.Mahmoud Ahmadinejad's move is seen as a bid to appeal to the young and attract attention to housing projects he espoused during his campaigns, promising to put a roof over the head of every poor Iranian.Ahmadinejad had made a point of being seen in the gleaming white Peugeot 504 sedan when he was Tehran mayor and before becoming president in 2005. He has rarely used the car in the past years, probably because of security measures. Though hardly a clunker, the 1977-make car will be up for grabs at an international auction in February in the southwestern city of Abadan, according to Asghar Parhizkar, head of the city's Arvand free trade zo... Read the full story at Miami Herald

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