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Iran, Ahwaz: Uncertainty around the issue of 700million tomans bad debt to 700 retired employees

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Iran, Ahwaz: Uncertainty around the issue of 700million tomans bad debt to 700 retired employees

More than 700 retired employees of a Pipe Production Factory in Khuzestan who have been spending their retirement time for past 4 years are protesting unpaid retirement salary and befits for 30 months out of the 48 months that they have been out of job. Each of these employees own 35 to 45 million tomans from the company which is run by the Iranian regime cronies. The company management, being backed up by the force of the government has been promising these poverty stricken retired employees of unfulfilled pledges, but no substance. [the official rate of exchange is about $1=2,500 tomans]