Analysis by PMOI/MEK
Iran, Sept. 22, 2018 – According to official statistics issued by the regime’s own media outlets, more than 25 percent of the country’s liquidity is controlled by unauthorized financial institutions. Considering the fact that liquidity in Iran has reached around 17 quadrillion rials (equal to around $405 billion, based on the regime’s fixed 42,000 rials per US dollar ratio), nearly 4.25 quadrillion rials (around $101.2 billion) of the Iranian people’s money has been plundered by these institutions. These are unprecedented figures in Iran’s history.
More than five to six million Iranians are suffering from this plundering and each day they are seen protesting in various cities across the country.
Sep 17 – Tehran, #Iran
Clients of the IRGC-associated Caspian credit firm rallying outside the mullah's Central Bank, demanding their stolen savings returned.
These protesters also blocked the capital's Mirdamad Avenue.#IranProtests pic.twitter.com/MR2oLwMUSG— People's Mojahedin Organization of Iran (PMOI/MEK) (@Mojahedineng) September 17, 2018
These protesters are chanting and demanding answers from Iranian regime President Hassan Rouhani:
“Rouhani, you liar, where’s our money?”
Matters have resulted in tragic endings.
“A number of people demanding their money from various financial institutions have committed suicide,” according to Mohammad Biranvand, a member of the Iranian regime’s Majlis (parliament).
In 1978, Iran had 36 banks. Based on an official 2014 report, 31 government and private banks, 36 authorized leasing firms, more than 460 unauthorized leasing firms, nearly 1,000 authorized credit firms, and 7,000 unauthorized financial institutions and credit firms.
All these financial firms are under the control of state firms, including the IRGC and operatives linked closely to Iranian regime Supreme Leader Ali Khamenei.
The money plundered from ordinary Iranians are then provided to individuals with close relations to those in the mullahs’ regime. The Iranian regime’s Central Bank authorizes the activities of these credit firms, proving it’s utter loyalty to the Iranian regime.
Protesters demanding their savings returned are heard saying for seven months they did not receive any profits from their investments and even the money they were promised never arrived. One individual who invested 310 million rials has been told less than half will be returned.
Iranians, however, are refusing to accept such conditions and continuing their protests.
