October, 18, Iran ( PNB News). Valiollah Seif, a former governor of Iran’s Central Bank, was sentenced to 10 years in jail on Saturday on corruption charges that included the misappropriation of millions of dollars, according to the legal authority. State media revealed a legal representative as expressing that Seif and two of his agents were found guilty of “upsetting the trade market, the country’s monetary condition.
According to state television, Seif and one of his subordinates, Ahmad Araghchi, were sentenced to eight years in prison for “creating unlawful circumstances for the mishandling of around $160 million and 20 million euros.” Salar Aghakhani, another deputy, was sentenced to 13 years in prison. Former President Hassan Rouahni appointed Seif to lead the national bank from 2013 to 2018. Abdolnasser Hemmati took his position in 2018.