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

Last updated 09:34 19/02/2013

Relevant offers


Tale of two new leaders - Trudeau and Turnbull - at the Paris Climate Conference For sale: One South Dakota ghost town Torched van belonged to missing Australian in Mexico Man taken as a baby in Argentina finds long-lost mum Assad: 'France supports terrorism' Mum convicted of killing her three daughters Suspect in Colorado clinic shooting told he faces murder charge Australian Navy chief sorry for giving killer a military funeral 'Fast and Furious' French trafficker arrested in Bangkok 'World's oldest bird' is back, and she's ready to mate

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