Still, the steep sanctions come as a surprise, given the bank's cooperation with investigators.
This year the central government passed legislation outlining steep sanctions and suspensions for leaders who fail to comply with the orders of the constitutional court, with the aim of quelling defiance.
It's far from guaranteed that sanctions, the steep fall in oil prices and the loss of value of the national currency will lead to negative results or catastrophic consequences only for us," the Russian president told TASS, the official news agency, on Sunday.
The announcement added to economic pressures confronting Iranians because of the sanctions, which have contributed to steep inflation and caused shortages of foreign goods.
The country's economy is reeling from high inflation (40percentt), soaring unemployment (35percentt), a restricted supply of dollars, and a steep decline in oil revenues due to sanctions -- which accounts for 80percentt of the country's public revenues.
The unwritten charter of this particular club involves a brand of intellectually sanctioned music steeped in serialist tradition and complex atonal theory.
Strikingly, Tehran experienced a steep rise in costs over the past five years as economic sanctions began to bite.
But such a move would also concede the sanctions' severe inflationary impact, which has caused a steep fall in the value of the Iranian currency this past year.
In all, the rouble has sunk by more than 40% this year as Russia has been buffeted by sanctions over its role in the Ukraine crisis and steep falls in the oil price.
The deteriorating situation in Ukraine has sparked fears of emboldened territorial ambitions by Russia, and caused the steepest drop in East-West relations since the Cold War, prompting economic sanctions from both Washington and Moscow.
