Close Menu
Finance For Sight
  • Home
  • Markets
  • Funds
    • Markets
    • Stocks
    • Investments
    • Economy
  • Contact
What's Hot

Trump delays tariffs for goods under Mexico, Canada trade deal – World

March 7, 2025

Israel strikes in Gaza kill at least 200, Palestinian health authorities say – World

March 18, 2025

Khamenei aide says Iran could expel UN nuclear inspectors ahead of US talks – World

April 10, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Finance For SightFinance For Sight
Subscribe
  • Home
  • Markets

    European shares flat as losses in energy counter industrials’ boost – Markets

    February 21, 2025

    Indian rupee ends at one-week high on likely inflows, tops Asian peers – Markets

    February 21, 2025

    Ugandan shilling firmer on charity and offshore investor FX flows

    February 20, 2025

    Nigeria’s central bank keeps main interest rate unchanged – Markets

    February 20, 2025

    Most Gulf markets gain despite US tariff worries – Markets

    February 20, 2025
  • Funds
    1. Markets
    2. Stocks
    3. Investments
    4. Economy
    5. View All

    European shares flat as losses in energy counter industrials’ boost – Markets

    February 21, 2025

    Indian rupee ends at one-week high on likely inflows, tops Asian peers – Markets

    February 21, 2025

    Ugandan shilling firmer on charity and offshore investor FX flows

    February 20, 2025

    Nigeria’s central bank keeps main interest rate unchanged – Markets

    February 20, 2025

    India’s benchmarks set to open lower – Markets

    February 21, 2025

    European shares flat as losses in energy counter industrials’ boost – Markets

    February 21, 2025

    Ugandan shilling firmer on charity and offshore investor FX flows

    February 20, 2025

    India’s benchmarks set to open lower – Markets

    February 21, 2025

    G20 FMs meeting calls for ‘cooperation’ – World

    February 21, 2025

    Indian rupee to benefit as dollar eases to year-to-date lows, eyes portfolio flows – Markets

    February 21, 2025

    Ugandan shilling firmer on charity and offshore investor FX flows

    February 20, 2025

    UK police arrest man for arson after fire at PM Starmer’s house – World

    May 13, 2025

    China, Latin America trade exceeded $500 billion in 2024

    May 13, 2025

    Trump says US is ready to help Pakistan, India with trade – World

    May 13, 2025

    Indian PM Modi vows strong response to any future ‘terrorist attack’ – World

    May 12, 2025

    India’s benchmarks set to open lower – Markets

    February 21, 2025

    Indian rupee to benefit as dollar eases to year-to-date lows, eyes portfolio flows – Markets

    February 21, 2025

    Nigeria’s central bank keeps main interest rate unchanged – Markets

    February 20, 2025

    Most Gulf markets gain despite US tariff worries – Markets

    February 20, 2025
  • Contact
Finance For Sight
Home»Economy»Iran court sentences ex-ministers to jail over corruption – World
Economy

Iran court sentences ex-ministers to jail over corruption – World

Finance for SightBy Finance for SightMarch 4, 2025No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Iran court sentences ex-ministers to jail over corruption - World
Share
Facebook Twitter LinkedIn Pinterest Email

TEHRAN: An Iranian court has sentenced two former ministers to prison over a multi-billion-dollar corruption case involving imported tea, the judiciary said Tuesday.

The case, known in Iran as the Debsh Tea Scandal, was opened in 2023 and implicated more than 60 people, involving a total of $3.7 billion, the Iran newspaper reported in May, citing the country’s chief justice.

Forty-two defendants were sentenced in the case, including former agriculture minister Javad Sadatinejad and former industry minister Reza Fatemi Amin, said Mizan Online, the judiciary’s news outlet.

Sadatinejad received a one-year sentence, while Fatemi Amin was handed two years for their roles in the scandal, Mizan reported.

The pair, who served under late president Ebrahim Raisi, were convicted of complicity in disrupting the country’s economic system, with the sentences deemed “final and binding”.

Anti-corruption initiative faces setback: FIA allegedly starts colluding with Discos’ officials

The court also sentenced Akbar Rahimi-Darabad, the chief executive of Debsh Tea company, to 66 years in prison for various crimes, including disrupting Iran’s economy, smuggling foreign currency and bribery.

Rahimi-Darabad was ordered to repay over $2.38 billion in smuggled funds and a fine of $1.5 billion.

Under Iranian law, jail sentences run concurrently, meaning Rahimi-Darabad would serve 25 years for the longest of his convictions.

In April 2023, lawmakers impeached Fatemi Amin over soaring car prices.

That same month, Sadatinejad was sacked from his position. In May 2024, he was sentenced to three years on another corruption case involving animal feed imports.

corruption court exministers Iran jail sentences World
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticlePositive momentum returns to PSX, KSE-100 surges over 750 points – Markets
Next Article Rupee slips lower against US dollar – Markets
Finance for Sight
  • Website
  • Facebook

FinanceForSight is your trusted source for expert insights on the economy, investments, stocks, funds, and financial markets. We help you stay informed and make smarter financial decisions every day.

Related Posts

UK police arrest man for arson after fire at PM Starmer’s house – World

May 13, 2025

China, Latin America trade exceeded $500 billion in 2024

May 13, 2025

Trump says US is ready to help Pakistan, India with trade – World

May 13, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Putin praises Musk, compares him to Soviet space hero – World

April 16, 2025

Food minister rebuts reports about sugar price discrepancies – Markets

March 25, 2025

Zelensky says Trump’s support still ‘crucial’ – World

March 1, 2025

Indian airlines to suffer higher costs, detours in ban from Pakistan airspace – World

April 25, 2025

Positivity persists at PSX, KSE-100 settles above 117,000 – Markets

March 19, 2025

Subscribe to Updates

Join our community and get the latest finance insights, market updates, and investment tips delivered straight to your inbox. Stay ahead in your financial journey—sign up now!

Advertisement
Check out this product on Amazon!

FinanceForSight is your trusted source for expert insights on the economy, investments, stocks, funds, and financial markets. We help you stay informed and make smarter financial decisions every day.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Global health funding faces ‘greatest disruption’ in memory, says WHO director – World

May 1, 2025

India’s market regulator warns Nestle over breach of insider trading regulations – Markets

March 8, 2025

Oil rises 1% as Trump plans tariff on countries that buy Venezuelan oil, gas – Markets

March 24, 2025

US Supreme Court intervenes to pause Trump deportations – World

April 20, 2025
Get Informed

Subscribe to Updates

Join our community and get the latest finance insights, market updates, and investment tips delivered straight to your inbox. Stay ahead in your financial journey—sign up now!

© 2025 Finance For Sight. Designed by Finance For Sight .
  • Home
  • Markets
  • Stocks
  • Funds
  • Economy

Type above and press Enter to search. Press Esc to cancel.