Business And Markets

Iran Private Sector Takes Initiative to Fight Corruption

Finance Desk
Jonaidi referred to several pieces of legislation that have been introduced by the government aimed at promoting transparency, such as the amendments to the anti-money laundering law and the financing of terrorism law
Iran Private Sector Takes Initiative to Fight Corruption
Iran Private Sector Takes Initiative to Fight Corruption

Business leaders and private stakeholders on Sunday convened at the fourth anti-corruption conference as part of their effort to promote transparency and their long-time desire for a level playing field. 
The event, organized by Iran Chamber of Commerce Industries Mines and Agriculture and hosted by Tehran Chamber of Commerce, came as the private sector finds itself in the vise of economic upheaval and the unwanted and unhelpful government interference in trade. 
Massoud Khansari, president of the Tehran chamber, told the conferees "one of the conditions that give rise to corruption is the profusion of rules, regulations and government directives." 
Elaborating the point Khansasri recalled, "For instance during the recent volatility in the currency market a large number of directives were issued [by the government and the central bank]…many of which contradicted each other," and the chaos that emerged created a breeding ground for greedy opportunists and  middlemen fishing in troubled waters. 


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