Furor Over Banker Pay Reaches Iran at Critical Time for Rouhani

  • Entire managerial board of wealth fund resigns over payslips
  • Economic affairs ministry caps monthly salaries at $6,250

Popular uproar over the high salaries paid to banking executives and other top corporate officials has reached Iran, putting President Hassan Rouhani on the defensive as he prepares to stand for re-election next year.

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