Bloomberg | Golnar Motevalli:The trial has started in an Iranian court for 13 petrochemical industry executives charged with embezzling 6.6 billion euros ($7.4 billion) in one of the nations biggest corruption cases, the state-run Islamic Republic News Agency reported. The defendants, most either chief executives or board members of Iranian petrochemical ...

MNA Intelligence forces in Kurdistan province have dismantled a criminal ring involved in taking advantage of government's foreign currency reserves, according to a statement by Intelligence Ministry on Monday. In a statement issued on Monday, the Intelligence Ministry reported the dismantling of a criminal network on charges of economic corruption,...

Tasnim Iranian Oil Minister Bijan Namdar Zanganeh has been summoned to the parliament to explain about several issues, including a recent verdict to fine French oil and gas group Total (TOTF.PA) for bribing foreign officials in a case related to Iranian contracts in 1997, an MP said. It is necessary to determine which officials were given ...

The Wall Street Journal | Asa Fitch: As its economy buckles, Iran is zealously cracking down on financial fraud. Central to its efforts is a fast-track fraud court approved by Supreme Leader Ayatollah Ali Khamenei in August that has sentenced dozens of people, including some 50 men this month, to up to 20 years for paying bribes, embezzlement and ...

Tasnim Irans Intelligence Ministry arrested members of a major network that had swindled the countrys banks out of millions of euros by infiltrating into the banking system. In a statement on Tuesday, the Intelligence Ministry said the network did fraudulent activities in six provinces. In a coordinated operation after complicated intelligence ...

Tasnim Irans Police commander highlighted the tough line that his forces have taken with wrongdoers over economic crimes, saying the number of people arrested on major economic corruption charges has reached 60. Speaking to reporters in the city of Zanjan on Wednesday, Brigadier General Hossein Ashtari said the police have taken appropriate measures ...

Al-Monitor - In an attempt to address economic issues and root out corruption, Irans judiciary has handed out another death sentence and dozens of long prison sentences for economic charges. According to judiciary spokesman Gholam Hossein Mohseni-Ejei, Irans Supreme Court upheld the death sentence of Hamid Bagheri Darmani. He was originally arrested ...

MNA Laya Joneydi Vice President for Legal Affairs said that laws of Confronting Money Laundering and Terrorist Financing help country improve its financial, monetary and banking system particularly. She made the above remark this morning in the 4th Annual Anti-Corruption Conference, held at the venue of Tehran Chamber of Commerce, Industries, Mines ...

Tasnim Iranian special courts for economic crimes have handed down prison sentences against 10 more men, including an Afghan national, for disrupting Irans economic system. Speaking at a press conference on Sunday, Iranian Judiciary Spokesman Gholam Hossein Mohseni Ejei said 10 people have received prison sentences and heavy financial penalties ...

IRNA - 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. 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 ...

IRNA The first open trial session of five economic disrupters accused of disturbing the foreign currency system of the country began on Wednesday. The defendants are in charge of illegal trading of more than 151 million dollars by abusing 1028 of the Iranian citizens national identity cards. The court is being held at Tehrans Judicial Complex ...

AFP A court in Iran sentenced to death a financial trader known as the Sultan of Coins on Sunday, along with another man, the judiciarys Mizan Online news agency reported. Two of those convicted of spreading corruption on earth in preliminary hearings had their case reviewed in the Supreme Court and were sentenced to death today, said judiciary ...

Reuters - Special courts set up in a drive against financial crime have sentenced three people to death, state television reported on Sunday, as the country faces renewed U.S. sanctions and a public outcry against profiteering and corruption. The special Islamic revolutionary courts were set up last month to try suspects quickly after Supreme Leader ...

Tasnim The Iranian Judiciary is investigating the former governor of the Central Bank of Iran (CBI) over recent economic corruption cases, the Judiciarys Spokesman Gholam Hossein Mohseni Ejei announced. Speaking at a televised program on Saturday night, Ejei said some government officials have been investigated for possible involvement in the recent ...

Al-Monitor | Esfandyar Batmanghelidj: Whether it is the lavish spending of well-connected elites or the nepotism evident in state institutions, there seems to be no shortage of reasons for Iranians to be outraged at rampant corruption at a time of economic crisis. The intensity of public anger has forced the Islamic Republic to respond. Supreme ...

IRNA The hearing session of trial for 13 people charged with importing mobile phones with official exchange rate but selling them at free market price began in revolutionary courts in Tehran. Fighting economic corruption has intensified during recent months in Iran and several economic saboteurs have recently been tried in Tehran. In the same ...

MNA A major court session to address the recent disruptions in Iranian markets of gold and currency will be held on Sunday and the media are allowed to cover the event with details. The hearing session for the disruptors of the gold and currency markets of Iran and the involved corrupts will be held on Sunday in Tehran. According to judiciary ...

Tasnim The first public court trial of individuals involved in major economic corruption cases in Iran was held on Saturday, with name of defendants released after Leader of the Islamic Revolution Ayatollah Seyed Ali Khameneis recent letter to the Judiciary chief. In one of the court hearings, prime suspect Hamid Baqeri Darmani was on trial for ...

Al-Monitor - With Iran facing more US sanctions and a battered currency, the judiciary is charging aggressively into an anti-corruption probe in the hope that it will help stabilize the economic situation. Mohammad Jafar Montazeri, Irans top prosecutor, told reporters on Aug. 15 that the operation will cast a wide net and further remarked, Any official ...

MNA Iran Prosecutor-General Mohammad Jaffar Montazeri has said that the judiciary will intensify tackling corruption, adding that if need be, top officials such as cabinet ministers will be brought to justice. Speaking to reporters on Wednesday morning, Mohammad Jaffar Montazeri said that fighting corruption and illegal economic activities such ...