BREAKING NEWS

Iran arrests 50 people in connection with rial crash

OCTOBER 24, 2012 17:24

Iran's intelligence minister announced on Wednesday that around 50 people have been arrested on charges of disrupting the national currency market.

Hojjatol-Islam Heidar Moslehi said that those arrested had conspired with Iran's enemies to instigate economic instability, disrupt the currency markets and incite 'fitna' or sedition.

Speaking after a cabinet meeting, Moslehi said that Iran's intelligence officials had achieved "very good results in detecting the roles [played by] foreigners and foreign television networks" in the economic chaos, according to a report in Fars News, which is affiliated with Iran's Revolutionary Guard Corps (IRGC).

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