The Latest from Iran (4 August): The Regime Admits Its "Economic War"

Ayatollah Ahmad Jannati1635 GMT: Fraud Watch. Khorasan News reports that an embezzlement of 15 billion Toman (about $12.5 million at official rate) has been discovered in a Bonyad Shahid (foundation).

1335 GMT: Political Prisoner Watch. Student activist Bahareh Hedayat, serving a 9 1/2-year sentence, has returned to prison after a short furlough.

Hedayat was arrested in December 2009, just after demonstrations on National Student Day.

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