18 arrested over vehicle import fraud, currency manipulation

July 29, 2018

TEHRAN – Judiciary spokesman Gholam-Hossein Mohseni-Eje'i said on Saturday that a total of 18 people have been arrested over vehicle import fraud and abuse of the official rate for foreign currencies, mainly dollar.

“18 people have been arrested in connection to vehicle import fraud and the abuse of the official rate of the currency,” said Mohseni-Ejei told a weekly press conference, Tasnim reported.

According to media outlets, vehicle imports have long been seen as monopolized by well-connected, mafia-style corporations, which have benefited from the rial devaluation and enjoyed government privileges.

MH/PA

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