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

Last updated 09:34 19/02/2013

Relevant offers

World

More MH17 remains found Mysterious woman in black captivates the US Remote Amazon tribe makes contact with researchers Taiwan gas blast rips street apart, kills 24 Three-day ceasefire in Gaza Giraffe killed by low bridge in South Africa Why NZ must take more international responsibility Rebel points AK47 at MH17 reporter Canadian hack bears signs of Chinese army CIA sorry for spying on CIA probe

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