Four to die in Iran over US$2b fraud case

Last updated 09:34 19/02/2013

Relevant offers


Multiple injuries as double-decker bus hits bridge in London Miley Cyrus and Katy Perry among the parade of pop stars aiding Clinton in the closing weeks 'They said they panicked': Sisters confess to burying their 94-year-old father, police say Trump vowing to sue 'every one' of his female accusers Perth father charged with murdering his children Australian photographer invents 'SpudCamera' and takes selfie with it North Korea's newest zoo attraction is a chimpanzee trained to smoke cigarettes Ute carrying beer destined for an Aussie wedding loses its load Man arrested under terror laws after package found on London Tube train Kindergarten teacher keeps, then delivers pupils' work from 2004

Iran's state prosecutor says the country's Supreme Court has upheld death sentences against four people linked to a US$2.6 billion (NZ$3.06b) bank fraud described as the biggest financial swindle in Iran's history.

Gholam Hossein Mohseni Ejehei says the four were convicted of being "corrupt on earth" for "disrupting" the country's economy. He says the court has ordered the verdict to be carried out but no date has been set.

Ejehei is quoted by the official IRNA news agency as saying that two banking officials have been sentenced to life in prison while 19 others, almost all of them senior government officials, were given prison terms ranging from two to 20 years.

Their trial last year raised questions about corruption at senior levels in Iran's tightly controlled economy.

Ad Feedback

- AP

Special offers

Featured Promotions

Sponsored Content