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

Last updated 09:34 19/02/2013

Relevant offers

World

Australian aircraft in Iraq support roles Suicide attacks kill seven on army buses in Kabul 10,000 pigeons body-searched - reports Barack Obama's ride with convicted criminal Kiwi dad shot dead in Brisbane David Cameron riles the Queen in second gaffe NZ support for Hong Kong protests Kiwi funds frozen in Nauru stoush World's first underground hot air balloon flight Surf's up for these hairy dudes

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