728 x 90

Iran: Protests to corrupt government-owned companies in Tehran

Protests by customers of Azico vehicle manufacturer in Tehran
Protests by customers of Azico vehicle manufacturer in Tehran

Reporting by PMOI/MEK

Iran, September 3, 2019

Plundered creditors hold protests in Tehran

On Monday, the customers of Caspian Credit Institute, a corrupt state-backed investment firm, gathered in front of the Iranian regime's judiciary and demanded the return of their plundered investments.

Caspian, owned by the Revolutionary Guards (IRGC), is one of several state-backed credit firms that are involved in a multi-billion-dollar government-run embezzlement case. In the past few years, these credit institutions have absorbed billions of dollars' worth of investment from ordinary Iranians with false promises of quick returns.

Those promises never materialized. Several of the credit institutions went out of business and others have refused to refund their customers. This has caused among the customers of these institutions and has triggered ongoing protests in many Iranian cities.

Plundered creditors hold protests in Tehran

Plundered creditors hold protests in Tehran

 

Protests by customers of Azico vehicle manufacturer

A group of customers of the Azico vehicle manufacturer in Azerbaijan province held a demonstration in front of the industries ministry of the Iranian regime in Tehran. The protesters are demanding the delivery of the vehicles they had purchased last year.

Azico has failed to deliver more than 4,000 vehicles that had been purchased in advance more than a year ago.

Under the corrupt rule of the mullahs, Iran's vehicle manufacturing industry has declined considerably. Other car manufacturing companies like Iran Khodro and Saipa have also failed to deliver the purchases of their customers or have reneged on their promises of giving discounts to early buyers.

Protests to water shortages in Khuzestan

The people of Barangerd village in Khuzestan province held protests to water shortages. The potable water of this village has been cut off for more than a week and the villagers are faced with serious problems.

Water shortages have become a common problem in many regions of Iran. The water sources and ecosystems of many regions of Iran have been disrupted as a result of the destructive policies of the Iranian regime, including excessive and miscalculated creation of dams and water channels meant to serve the purposes of IRGC-owned companies.

In the past years, water shortages have caused many major protests in Khuzestan and Isfahan provinces. It is worth noting that Khuzestan Province in southwest Iran is rich in oil. All the while, its population lives in utter poverty.

Protests to water shortages in Khuzestan

Protests to water shortages in Khuzestan

 

 

Selected

Latest News and Articles