![\"PadidehShandizProtestersTehran4Jan2016-500px\"](\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/sites\/2\/2016\/01\/PadidehShandizProtestersTehran4Jan2016-500px.jpg\" "\\"PadidehShandizProtestersTehran4Jan2016-500px\\"")
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NCRI \u2013 Hundreds of Iranians on Monday rallied outside the regime\u2019s Interior Ministry in Tehran in protest to a major financial scam by a state-affiliated company.<\/p>\n
The protest began at 10.30 am, per schedule, in Fatemi Street by victims of the Padideh Shandiz investment scam and continue for several hours.<\/p>\n
The angry protesters chanted anti-regime slogans and demanded the return of their wealth.<\/p>\n
While holding up placards, the protesters chanted:<\/p>\n
\u201cAllah akbar (God is great)\u201d
\u201cEnd the root of oppression\u201d
“Today is a day of grievance, people\u2019s lives are up in the air.”<\/p>\n
The regime\u2019s governor in Khorasan Razavi, the north-eastern Iranian province where Padideh Shandiz is headquartered, was a key target of the protesters\u2019 denunciations.<\/p>\n
Numerous merchants from the Tehran bazaar joined the rally.<\/p>\n
https:\/\/www.youtube.com\/watch?v=vZ5I7zUav-4<\/p>\n
Last Monday, angry victims of the Padideh Shandiz investment scam in the north-eastern Iranian city of Mashhad occupied the state-affiliated company’s local office and chanted slogans denouncing corruption in Iran under the mullahs’ regime.<\/p>\n
Hours after their protest began, repressive security forces raided the place and arrested several protesters. The protesters clashed with the police and chanted slogans such as \u201cDown with the security forces.\u201d Several protesters laid down in front of security forces’ vehicles to prevent them from taking away the detainees.<\/p>\n
Padideh Shandiz, which has close links to the regime\u2019s Islamic Revolutionary Guards Corps, has billed itself as an international tourism development company active in restaurants, tourism and construction and lured investors by promising huge returns on their shares in projects in Shandiz, a suburb of the city of Mashhad, and in the island resort of Kish. Its advertising campaign on state television was taken as reassurance that the regime backed the company.<\/p>\n
In January 2015, a huge “fraud” worth $34.3 billion came to light in the company which is believed to have manipulated its shares. Many people who had invested in the company went bankrupt soon after.<\/p>\n
Padideh Shandiz is reported to have had a third share in Iranian airports advertisements, as well as paying 5.1% of the state-broadcaster IRIB’s income from advertisements.<\/p>\n
Other victims of the scam have in recent weeks rallied outside the Iranian regime’s judiciary in Tehran and chanted slogans against the government of mullah Hassan Rouhani, the fundamentalist judiciary and the regime’s Ministry of Economy.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
NCRI – Hundreds of Iranians on Monday rallied outside the regime’s Interior Ministry in Tehran in protest to a major financial scam by a state-affiliated company. The protest began at […]<\/p>\n","protected":false},"author":2,"featured_media":45155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[175],"class_list":{"0":"post-19745","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iran-protests","8":"tag-updated"},"yoast_head":"\n