BREAKING NEWS
Warriors win in OKC to set up a sudden death game seven against Steven Adams' Thunder ... Read more
Close

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

Last updated 09:34 19/02/2013

Relevant offers

World

Girl dies trying to save grandmother from fire Children climb 800m up a cliff to get to school Crow chased by police after stealing knife from crime scene 'They are evil monsters': Senegal's killer hippo problem Man who tried to cook squirrel causes $3m damage to apartment complex Child trapped in car in Hawkesbury River Cincinnati Zoo kills gorilla to protect small child in enclosure South African vineyard uses Indian runner ducks control pests sustainably No masking Donald Trump's popularity at Chinese Partytime Factory Bosnia pays tribute to David Bowie with vast mural in Sarajevo

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