Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Previous Iranian govt smuggled $22b to Turkey, Dubai: Vice president

byCustoms Today Report
21/01/2015
in International Customs
Share on FacebookShare on Twitter

ERBIL:  Iran’s vice president has accused the previous government of smuggling $22 billion of oil money out of the country to Dubai and Turkey, purportedly to keep exchange rates in check.

“These are astonishing numbers,” Iranian media quoted Eshaq Jahangiri as saying at a conference in Tehran. “If the smuggled money is not returned to Iran, it will remain a black stain on the country.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

Jahangiri said that the money had been smuggled under the presidency of Mahmoud Ahmadinejad.

He added that the government’s slow response in prosecuting this case “would damage people’s trust in the authorities in combating corruption and will strengthen our opponents.”

In 2009, Ahmadinejad’s administration faced a major scandal when Turkish authorities said that a whopping $18.5 billion in cash had entered Turkey, without specifying the details or the source of the money.

Later, Turkish media said that money had come from Iran and had been seized at the border.

The scandal was a major topic during debates for the 2009 presidential elections, in which Ahmadinejad was re-elected over Mir Hossein Musavi.

Several Iranian officials also asked Turkey in an official letter to return the money, while Iran’s own intelligence minister denied any shipment of hard currency to Turkey.

Meeting with investors from the private sector, Jahangiri also criticized Iran’s oil policies, saying that the previous government had never channeled money aimed at reviving the private oil sector.

Western sanctions and falling oil prices have plunged Iran into an economic crisis. The rural population, including the Kurds who rely on government subsidies for agriculture and small-scale factories, have been especially hard-hit.

Tags: Dubai and TurkeyIran’s vice presidentoil moneyprevious governmentsmuggling $22 billion

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Tokyo stocks dip 0.45% by midday, Nikkei 225 drops 78.45 pts, Topix index sinks 0.42pc

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.