Former Iranian central bank chief sentenced to 10 years on corruption charges


  • World
  • Saturday, 16 Oct 2021

Valiollah Seif, Governor of Central Bank of Iran, waits to start a meeting with Britain's Foreign Secretary Philip Hammond (unseen) in Tehran, Iran August 23, 2015. REUTERS/Darren Staples

(Reuters) - A former governor of Iran’s Central Bank, Valiollah Seif, was sentenced on Saturday to 10 years in prison on corruption charges involving the mismanagement of millions of dollars, the judiciary said.

Seif and two of his deputies, who also received jail terms, were found guilty of "disturbing the foreign exchange market, the country's economic climate and mismanagement,” a judiciary spokesman was quoted as saying by state media.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Ukrainian capital Kyiv under massive Russian attack, officials say
Russia says it captures village in Zaporizhzhia, Ukraine defending major town
4 injured in U.S. San Jose shooting
Venezuelans held in Salvadoran prison look to challenge deportation in US court
Zelenskiy says Russia using Belarus territory to circumvent Ukrainian defences
U.S. stocks close lower
U.S. dollar ticks up
Crude futures settle lower
Brazil's top court orders detention of ex- head of highway police after escape attempt
Riyadh hosts Saudi-Chinese festival as cultural year draws to a close

Others Also Read