Economy, Middle East
Iran blocks over 9,000 bank accounts over suspicious activities
Accounts of 545 individuals blocked over illegal foreign currency, cryptocurrency activities, says Ministry of Intelligence
Ahmet Dursun |
14.05.2022 - Update : 15.05.2022
ANKARA
Iran has blocked more than 9,000 bank accounts on Saturday over suspicious and illegal foreign currency and cryptocurrency activities, according to officials.
A total of 9,219 bank accounts belonging to 545 individuals were blocked, according to a statement by the Ministry of Intelligence.
The volume of the accounts was approximately 60 trillion Iranian tomans ($1.98 billion) based on the free-market exchange rate.
The move was part of a recent plan to fight against unauthorized foreign currency transactions, which is held in coordination with the central bank.
* Writing by Ovunc Kutlu in Ankara
