Iranian economic corruptor death sentence approved

TEHRAN(defapress)- Iran's judiciary spokesman announced that the death sentence of Hamid Baqeri Darmani was approved by the Supreme Court for bribery and fraud which was issued in the lower court.

News ID: 74229

Date: 09 December 2018 - 16:07

Mohseni Ejei said in a press conference on Sunday that the verdicts for a number of the corruptors of the economic system in the court have been issued.

In a relevant news report in mid-November, Vahid Mazloumin, known as Sultan of Coins, was executed in Tehran.

In early July, Mazloumin, 58-year-old gold coin dealer, was arrested.

He and his accomplice Mohammad-Esmaeil Qassemi, who had formed a smuggling gang were convicted of being involved in economic corruption, manipulating the domestic currency market and making illegal deals, and they were sentenced to death.

Based on a report released by Central Bank of Iran (CBI) about nine months ago, and after investigation carried out by Iran's Ministry of Intelligence and the Police, a number of key individuals involved in embarrassing the Forex and currency markets were arrested.

In recent months, economic situation and the instability in the Forex market have caused popular discontent.

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