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Valiollah Seif (right), who headed Iran’s central bank between 2013 and 2018, was sentenced today to 10 years’ jail over the loss of US$160 million and €20 million in foreign currency trading. – AFP file pic, October 16, 2021.

A FORMER governor of Iran’s central bank was sentenced today to 10 years in jail over the loss of US$160 million (RM663.8 million) and €20 million (RM98 million) in foreign currency trading.

Valiollah Seif, who headed the monetary authority between 2013 and 2018, is the first Iranian central bank governor ever to be indicted.



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