Iranian court sentences former governor to 10 years in prison

Valiollah Seif convicted of currency offences, but reportedly remains free pending appeal

Valiollah Seif
Valiollah Seif
Mohammad Hassanzadeh

An Iranian court has sentenced former central bank governor Valiollah Seif to 10 years in prison for undertaking the illegal distribution of foreign currency.

The court also convicted former deputy governor Ahmad Araqchi, as well as eight other defendants. Araqchi received an eight-year sentence.

Al Jazeera reports that a judiciary spokesperson announced the verdicts to state television on October 16. Some media report Seif is free pending appeal.

The charges stem from actions the Central

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.