{"id":25352,"date":"2018-10-01T18:07:47","date_gmt":"2018-10-01T17:07:47","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/issues\/economy\/25352-iran-regime-sentences-three-to-death-for-economic-crimes"},"modified":"2023-01-19T10:15:42","modified_gmt":"2023-01-19T09:15:42","slug":"iran-regime-sentences-three-to-death-for-economic-crimes","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/iran-regime-sentences-three-to-death-for-economic-crimes\/","title":{"rendered":"Iran Regime Sentences Three to Death for Economic Crimes"},"content":{"rendered":"<p><img decoding=\"async\" title=\"Iran-Regime-Sentences-Three-to-Death-for-Economic-Crimes\" class=\" size-full wp-image-52127\" src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/sites\/2\/2018\/10\/Iran-Regime-Sentences-Three-to-Death-for-Economic-Crimes.jpg\" alt=\"Iran Regime Sentences Three to Death for Economic Crimes\" width=\"800\" height=\"490\" srcset=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2018\/10\/Iran-Regime-Sentences-Three-to-Death-for-Economic-Crimes.jpg 800w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2018\/10\/Iran-Regime-Sentences-Three-to-Death-for-Economic-Crimes-300x184.jpg 300w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2018\/10\/Iran-Regime-Sentences-Three-to-Death-for-Economic-Crimes-768x470.jpg 768w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2018\/10\/Iran-Regime-Sentences-Three-to-Death-for-Economic-Crimes-696x426.jpg 696w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>By Staff Writer<\/p>\n<p>The Iranian Regime <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-09-30\/iran-sentences-three-people-to-death-for-graft-as-sanctions-bite\" target=\"_blank\" rel=\"noopener noreferrer\">sentenced<\/a> three people to death for corruption on Sunday, hoping to send a strong message to officials and merchants about not exploiting the country\u2019s financial crisis as US sanctions hang overhead.<\/p>\n<p>The businessmen have not been named and the specific details of their charges have not been revealed. The punishment still needs to be ratified by Iran\u2019s highest ranking court, according to judicial spokesman Gholamhossein Mohseni-Ejei.<\/p>\n<p>These punishments were handed down just one day after Iran\u2019s central bank was given more powers to intervene in the currency market to stop the rial from devaluing further, as it has done since the US reimposed a ban on Iran trading in US dollars in August. The next round of sanctions, targeting Iran\u2019s oil industry and central bank, will come into effect on November 4 and this is expected to squeeze Iran even more.<\/p>\n<p>So far this year, the Iranian rial has lost 80% of its value against the US dollar; a sharp decline that began before Donald Trump announced that he would withdraw the US from the 2015 nuclear deal in May. The Regime\u2019s attempts to stabilise the market have backfired.<\/p>\n<p>The Iranian public is protesting in the streets over the economic crisis, so the government has responded with harsh punishments against those it deems to be exacerbating or profiting from the crisis in the hopes that that will please the people. So far, 120 people have been arrested, 35 people have been charged, and most of them received jail sentences.<\/p>\n<p>Of course, the Iranian economic crisis has been caused by years of corruption and mismanagement by the mullahs \u2013 none of whom have been arrested \u2013 so it will not make the people happy to see that the Iranian Regime is executing their fellow citizens. The mullah\u2019s drive to punish moneylenders, shopkeepers, and low-level officials will do nothing to fix the crisis, because the people being punished didn\u2019t cause the crisis and the long arm of the law doesn\u2019t reach those who did.<\/p>\n<p>While Iran\u2019s former central bank governor, Valiollah Seif, is facing investigation and is banned from leaving the country, he was not solely liable for the fall of the rial and actually provides a scapegoat for the rest of the Regime.<\/p>\n<p>The Iranian mullahs wasted the resources of their people on interference in the other nations of the Middle East, terrorism, and warfare, so executing people who traded at exchange rates outside of the Regime\u2019s fixed rate will not solve the crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Staff Writer The Iranian Regime sentenced three people to death for corruption on Sunday, hoping to send a strong message to officials and merchants about not exploiting the country&rsquo;s [&#8230;]<\/p>\n","protected":false},"author":10,"featured_media":52127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[178],"class_list":["post-25352","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-save"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Iran Regime Sentences Three to Death for Economic Crimes - NCRI<\/title>\n<meta name=\"description\" content=\"By Staff Writer The Iranian Regime sentenced three people to death for corruption on Sunday, hoping to send a strong message to officials and merchants\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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