Iran executes the "sultan of the coins" for financial crimes


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Vahid Mazloumin, a mogul known for his work in the gold coin trade and dubbed the "Sultan of the Coins", and his accomplice Mohammad-Esmaeil Qassemi were found guilty of forming a "gang of smugglers" who manipulated the domestic money market and made "illegal". business, "said IRNA, the official Iranian newspaper.

Mazloumin, 58, was arrested in July and sentenced to death in October for allegedly hoarding coins, a move that, according to Iran, has destabilized the country's foreign exchange market. , reported IRNA.

The Iranian rial is in free fall this year, largely because of the Trump government's decision to reimpose sanctions against Tehran after the White House abandoned the Iranian nuclear deal. Many Iranians would have rushed to buy gold, foreign currency and precious metals to protect their savings, the rial having fallen by about 70%.

The IRNA report said that "in recent months, the economic situation and instability in the Forex market have caused popular discontent".

Amnesty International called the trial of the two men "flagrante delicto de injustice" and condemned the decision to execute the two men for non-violent crimes.

"With these horrendous executions, the Iranian authorities have blatantly violated international law and reiterated their unscrupulous indifference to the right to life," said Philip Luther, director of research and advocacy at Amnesty International. International for the Middle East and North Africa.

"The use of the death penalty is appalling under any circumstances, but it is even more horrible given that these men were sentenced after a largely unfair trial that was broadcast to the United States. State television.Under international human rights law, the death penalty is absolutely prohibited – criminal crimes, such as financial corruption. "

International human rights groups have long criticized Iran for its use of the death penalty. Tehran has reportedly executed five minors this year – one of four countries to do so since 2013, according to Human Rights Watch.

Earlier this year, Iran's Supreme Leader, Ayatollah Ali Khamenei, approved the request of the country's head of the judiciary to set up specialized courts to deal with financial crimes. These courts have since sentenced several people to the death penalty, according to Amnesty International.

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