Iran executed two men accused of economic crimes on Wednesday, part of an effort to stem financial misconduct as the country faces an economic crisis and new U.S. sanctions targeting its oil sector.
One of the two executed men was Vahid Mazloumin, dubbed the “sultan of coins” by media, a trader accused of manipulating the currency market, according to Mizan, the news site of the Iranian judiciary.
Mazloumin was allegedly caught with two tons of gold coins, according to the Iranian Students’ News Agency (ISNA).
The second man was part of Mazloumin’s network and had been involved in the sale of gold coins, Mizan reported.
Both of them were convicted of “spreading corruption on earth”, a capital offence under Iran’s Islamic laws.
Special courts focused on financial crimes were set up in August with the approval of Supreme Leader Ayatollah Ali Khamenei, the highest authority in the Islamic Republic.
Emeh Achanga,the CEO of the Miss Petite Nigeria Brand is a lawyer turned blogger. She is very passionate about writing, with several publications and awards to her credit .She is currently working on publishing a collection of short stories which are basically a memoir about her exciting true experiences.
