Iran's Judiciary spokesman, Gholam Hossein Mohseni Eje'i has warned all those who operate illegally in the foreign currency market and said "if arrested, the sentences are definite and there will be no suspended sentences."

Iran news: According to an Iran Press report Mohseni-Eje’i said that "in a situation where the enemy has a tremendous pressure to harden people's lives, it is far from fairness and humanity that some people are pushing more pressure inside the country for profits or complicity with the enemy."

Speaking to reporters on Sunday October 14, Mohseni-Eje’i announced that 196 suspects have been detained in the capital city of Tehran in the past days over smuggling and corruption in foreign currency market.

He vowed that fight against corruption will continue and the judiciary in cooperation with law enforcement will confront all who try to disrupt the market.

The spokesman of Iran’s judiciary, said that the special court tasked with fighting economic corruption in foreign currency market has given 49 people their penalties, and the cases for 100 suspects are currently being studied by the court.

The senior official added that 17 people have been arrested in the southeastern Sistan and Baluchestan province due to corruption in the currency banking system and receiving $100 million of illegal money.

Mohseni-Eje’i said, parallel with the government’s push to fight economic criminals, several other suspects have also been put to jail in other provinces across the country.

A special court was recently set up by Iranian judiciary to tackle economic corruption amid depreciation of Iranian national currency against foreign currencies which is also referred to in Iran as ‘currency crisis.’

Iranian "Rial" has been on a falling trend in the past months. However, it regained some of its previously lost value after the Central Bank of Iran announced new policies to manage the market.

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Last week, Mohseni-Eje’i announced that the court had given death penalties to 3 people regarding the currency corruption, adding that their sentences were not certain yet and needed the Supreme Court’s approval, Mehr news agency reported.

He said that the 32 other people were given different jail sentences ranging from 10 to 20 years.

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