Iran Regime's Largest Bank (Saderat) Likely to Be Delisted From Stock Market

NCRI - Following its 282 percent loss in the stock exchange, it’s now more likely that Iranian regime’s Saderat Bank be delisted from the market and relegated to off-exchange trading, while the bank’s investors are blocked from trading the bank shares.

According to state-run ‘Nasim Online’ news agency, after Saderat Banks shares fell 282 percent in the last month of previous Persian year (March 2017), the possibility of the bank being delisted from the stock exchange and transferred to off-exchange market has strengthened. The bank shares fell following a disagreement between the Auditing Organizations and the Central Bank over Saderat Bank’s balance sheet.

The Member of the Chamber of Commerce, "No Foreign Bank Will Cooperate With Iran Even After Iran Deal"

NCRI - The Chairman of the Investment Commission of the Chamber of Commerce, Ferial Mostofi, announced that except for some small and medium-sized banks, no major international bank has offered its cooperation with Iran.

As the state-run Donya-e-Eghtesad (the World of Economy) News reported, on April 12th, 2017, the Investment Commission held its first summit after the New Year to investigate the factors influencing investment from the perspective of the international community, as well as the best strategies to attract foreign investment after the lifting of sanctions. In this meeting, Mostofi referred to all the unsolved problems originating from the sanctions, as well as their impact on all economic issues in Iran. She stated that the necessary conditions are not prevalent in order to identify the strategic sectors.

Iran Regime's Presidential Election Farce Riddled With Fraud, Systematic Corruption

NCRI - Former Iranian MP Ahmad Tavakoli and Abbas Abdi, a known member of the so-called “reformist” camp in Iran, issued a statement admitting how institutionalized financial and economic corruption in Iran have resulted in senior officials becoming “concession greedy” and how “this corruption will eventually find more depth, and today we are faced with systematic and networked corruption.”

Iranian Regime's MP: 60 Percent of Iran's Hospitals in a State of Disrepair

NCRI - A member of Health Committee of Iranian regime’s parliament announced that 60 percent of Iran’s hospitals are old and disrepaired.

According to regime’s parliamentary ‘Khane Mellat’ news agency on April 12, while pointing to the number of dilapidated health centers, Haydar-Ali Abedi added that “if restoration of these centers is not put on the agenda, irreparable damages are going to occur following any crisis.”

Iran: Facing State-Run Media, Rouhani Lies Again

NCRI - Following the crisis of holding a sham presidential election in Iran, the remarks made by Hassan Rouhani in the press conference on Monday, April 10th were slammed by his opponents. He talked of his clearance in the election and called his opponents liars and traitors. Meanwhile, on April 11th, the state-run Raja News accused Rouhani of betrayal, since he lied about his 100-day plans.

Iran: After 50 Years of Working, Dozens of Factories Were Shut Down!

NCRI - Iranian MP Mahmoud Shekari made strong remarks against President Hassan Rouhani at a parliamentary session on Wednesday.

“Now that the time has come prior to the election season for your cabinet to be assessed for its work in the past four years, the people want to know what happened to your motto of saving the country’s economy,” he said.

Iran Regime's MP: We Are Witnessing Unprecedented Economic Depression

NCRI - Iranian MP Hajar Chenarali described the country’s economy and people’s living conditions as “extremely concerning,” according to the Tasnim news agency, affiliated to the Revolutionary Guards Quds Force.

“The highest unemployment rates are amongst people between the ages of 20 and 24, and this age average is generally amongst those newly entering the job market and consists of the most energetic branch of the young generation,” she said.

Iran Regime's State-Run Newspaper: No Lock Has Been Unlocked by Rouhani's Key

NCRI - The state-run Resalat Newspaper on April 4th in an article stressed on the inconclusive electoral promises addressed by the Iranian President, Hassan Rouhani after 4 years of power. The newspaper writes with sarcasm:"Rouhani always gripped a big key in his hand during presidential campaigns as well as political meetings. He used to say that this key will open the locks and will resolve the problems in the country. The length and width of the key had been so much exaggerated and seemingly it never opens any lock! Therefore, it has been proved in practice that no lock got opened by it. The sanctions were supposed to be lifted but in practice, we witnessed that not only did the sanctions lifted but a new round of embargos has begun and our nuclear facilities went under big locks."

Iran: Giant Corporations at Par With or Even Bigger Than the Government Do Not Pay Taxes

NCRI - Hassan Rouhani faction newspapers (April 3, 2017) have described the actions of the Iranian Revolutionary Guards (IRGC) as the source of corruption and smuggling, as well as the destruction of the economy.

State run Jomhouri newspaper wrote in this regard: To fight trafficking we must go to the authorities and facilities that hinder the government and do not care about the three branches about and enjoy the docks and airports to import whatever they want and do what they deem necessary.

Iran news in brief

Iran: Tehran's Iconic High-Rise (Plasco Building) Collapsed Due to Fire

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