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Deputy Prosecutor General: “2,000 plants confiscated by banks are not operating.”

An Iranian national flag flies at the Persian Gulf Star Co. (PGSPC) gas condensate refinery in Bandar Abbas, Iran, on Wednesday, Jan. 9. 2019. The third phase of the refinery begins operations next week and will add 12-15 million liters a day of gasoline output capacity to the plant, Deputy Oil Minister Alireza Sadeghabadi told reporters. Photographer: Ali Mohammadi/Bloomberg

Deputy Prosecutor General Said Umrani said that at least 2,000 factories and production sectors had been confiscated and closed by banks and that operations in those units that had been confiscated and transferred to banks had been suspended.

Speaking about the number of factories confiscated by banks, Said Umrani said:

“Currently, there are at least 2,000 closed and troubled factories and manufacturing sectors in the industrial camps. Their activities have been suspended due to confiscation. ”

Umrani also said:

“Currently, 500 lawsuits are pending in the plant and manufacturing sectors.”

It should be noted that the circulation of money and food in the economy of the Iranian regime has sharply decreased due to the fact that the Iranian regime has been subjected to sanctions as a country that creates difficulties for the normal course of the world, as it generally opposes civilization and the world.

This has led to a sharp decline in the treasury of banks, which, as in any country, is the lifeblood of Iran’s economy.

Therefore, the Iranian government is doing everything possible to eliminate the shortage of money and money in the treasury as a result of sanctions. This includes the sale of oil to the Iranian people on paper this year as a share.

Iranian banks have also repaid loans in rials and currency to factories that are the backbone of the country’s economy, hoping to escape the effects of the sanctions and make a profit.

Factories that have received loans are unable to repay their loans from banks. That is why the documents of the plant, which are taken by the banks as a guarantee for the repayment of the loan, are confiscated by the banks and transferred to the banks.

As a result, factories are closing and food prices are rising due to lack of production. An example of this is the recent rise in prices for butter, eggs, and other daily foods in Iran. For a country, the inability of 2,000 plants to operate is a large number, and the real figure is likely to be many times higher.

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