\u201cAround 20 million of the country\u2019s population have money in financial firms,\u201d he said according to the Tasnim news agency, affiliated to the IRGC Quds Force.<\/p>\n
The Money<\/b><\/h4>\n
Various credit firms, including the Caspian, Fereshtegan, Arman, Thaman and \u2026 are known to have plundered ordinary people\u2019s savings.<\/p>\n These firms control 25% of Iran\u2019s liquidity of 14.45 quadrillion rials, equal to 3.61 quadrillion rials. Considering the official rate of each U.S. dollar equaling 42,000 rials, the total amount is around $86 billion. Only 36 countries in the world have revenues over $86 billion.<\/p>\n Iranian Central Bank chief Valiollah Seif resorted to a very obvious lie recently, saying 25 percent of the country\u2019s liquidity is circulating in these firms and through a very effective measure they were able to bring liquidity controlled by these firms to zero! (Iranian parliament news agency \u2013 May 13th<\/sup>, 2018)<\/p>\n Seif, however, refuses to explain where has this money ended up that the protesting investors are continuing their\u00a0daily rallies and gatherings<\/a>\u00a0across the country.<\/p>\n A large number of Iranian regime officials and elements are involved in this plundering process, and Sief is the coordinating figure.<\/p>\n Speaking to the so-called \u201cIndependent\u201d faction in the Iranian regime\u2019s parliament, Seif explained how one credit firm alone has rounded up 120 billion rials of its investors\u2019 money, equal to around $2.86 billion. The head of that particular entity didn\u2019t even have a diploma and would enter Seif\u2019s office carrying a pistol, according to the parliament\u2019s news agency.<\/p>\n Again, Seif refuses to explain who this individual was and what particular relationship did such a \u201cgangster\u201d have with the country\u2019s Central Bank chief?<\/p>\n Furthermore, how many more such \u201cgangsters\u201d are roaming around Iran stealing ordinary people\u2019s money?<\/p>\n Of course, these questions are all left unanswered by Seif, knowing any further revelations will unveil his own role. Seif has recently been\u00a0blacklisted<\/a>\u00a0by the U.S. Treasury Department for his support of the Iranian regime\u2019s\u00a0terrorist activities<\/a>.<\/p>\n The $2.86 billion Seif referred to could be allocated to realizing fundamental changes in the economy of many countries across the globe. Despite all this theft, not a single individual has been condemned by this regime\u2019s so-called judiciary.<\/p>\n \u201cAnother rampaging dilemma is the fact that our country has a number of treasuries. This is the source of ongoing corruption and incompetence,\u201d according to Jahan-e Eqtesad daily.<\/p>\n There are at least two treasuries in Iran, one controlled by the government and the second in the hands of the IRGC. Interesting is how the IRGC, despite having its own treasury, continues to receive a budget from the government. In March, the government actually increased the IRGC budget by 40 percent.<\/p>\n This goes to show how a number of mafia-like groups in Iran are plundering the country\u2019s wealth for their own objectives and interests.<\/p>\n This slate includes the IRGC, entities linked directly to Khamenei and the Astan-e Quds Razavi \u201cfoundation\u201d are such entities that enjoy their own treasury, and continue to steal from ordinary people at an unbridled pace.<\/p>\n ———-<\/p>\n","protected":false},"excerpt":{"rendered":"![\"\"](\"https:\/\/www.irandemocratic.org\/public_html\/news\/wp-content\/uploads\/2018\/06\/Demonstrations-Iran-300x224.jpg\")
The Entities<\/b><\/h4>\n
Multi-treasury<\/b><\/h4>\n