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

Last updated 09:34 19/02/2013

Relevant offers

World

Ethiopian Israelis clash with police as anti-racism protests continue English footballer Rio Ferdinand loses wife to cancer No signs of violent death on Thai mass grave bodies 3700 migrants rescued from boats off Libyan coast Royal baby: Aunty Pippa, Granddad Charles among family to visit Kate Middleton's little princess Citizenship for sale: Australian government explores price-based immigration system Nepal earthquake: 101-year-old pulled alive from rubble World news while you were sleeping Three found alive eight days after Nepal quake Executed Myuran Sukumaran could have fled Indonesia

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