Iran sentences 3 suspects to death over financial crimes

Image
AP Tehran
Last Updated : Sep 30 2018 | 10:05 PM IST

Special courts in Iran set up to deal with financial crimes have sentenced three suspects to death over corruption, the official IRNA news agency reported Sunday.

According to the deputy chief of judiciary, Gholamhossein Mohseni Ejehi, said the three were among 35 suspects recently brought to trial, IRNA reported.

Ejehi said the rest were sentenced to prison terms of up to 20 years.

The sentences can be appealed.

The special courts were established recently as part of the government's campaign against corruption.

Since America's pullout from the nuclear deal between Tehran and world powers, Iran's economy has plunged into a downward spiral with the national currency, the rial, hitting record lows.

Meanwhile, trading in foreign currency and gold coins has increased. In July, Iran arrested a man who had two tons of gold coins.

Separately, Sunday, Ejehi was quoted by the semi-official Tasnim news agency as threatening anyone who forces truckers to go on strike or others who in any way disrupt transportation with "harsh punishment."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 30 2018 | 10:05 PM IST

Next Story