Iranian Millionaires Exploited Homeless ID Cards To Siphon Off $7 Billion
Economy News Blog, Kodoom.com
Iran’s Central Bank Chief has confirmed that well connected wealthy businessmen have embezzled about $7 billion in subsidized export currency using disposable Commerce permits issued under ID cards that match to the names of 70 homeless people.
Pressured by renewed sanctions imposed by Donald Trump (after walking out of the Nuclear Deal with Iran), coronavirus pandemic impacts and record low oil prices in the world markets, Iran's economy is in crisis, leading to a historic devaluation of Iran's currency. One U.S. dollar currently trades for 275000 Iranian Rials in open exchange markets, compared to 100000 Rials only two years ago, indicating a 170% devaluation of Iran's national currency over two years.
Related:
Pressured by Trump and Coronavirus, Iranian Currency Falls to Record Lows
Related to Justice:
- Police Officers Indicted for Slaying Bijan Ghaisar Despite Trump's Justice Department
- Trump's Supreme Court Nominee Helped Militant Iranian Group
- Iranian American USA Waterpolo Coach Charged With Sexually Abusing Underage Athletes
- Videos: Clash Between Armed Anti-Fascism and Pro-Trump Protesters
- Video: The Meaning of Human Life According to Pepe Mujica, The World's Poorest President
- The Real Looting Happened Elsewhere! How Police and Rioters Both Got Shafted During the Coronavirus
- We Are All in This Together! NOT! From Madonna to Gadot: Coronavirus Exposes the Ugly Truth About The Rich and Famous
- Narges Mohammadi From Prison Reports Torture of Young Rioters from Poor Families
- Ayatollah Defends Polygamy Workshop in Tehran: Some of Our Billionaires Crave for A Second Wife
- In Pictures: Tears and Watermelon! Iranian Women Allowed into Stadiums after 40 years, and Self Immolation of Sahar
- Hijab Wars Continue: FIFA Pressures Iran as Female Gynecologist is Sentenced to Free Labor!
- Video: Snowden Wants People to Buy His Memoir and Help Those Who Saved His Life
- This Caribbean Island's Carnival Was Inspired by Ashura in India and Iran
- Iranian Government on Defense After Girl Burns Herself to Protest Mandatory Hijab and Prison Term
- Young Iranian Women Now Join Biker and Armed Bandit Gangs
