Sunday 19 February 2012

Trial opens in $2.6 bn Iran banking fraud case - Yahoo!

The trial in a $2.6 billion dollar banking fraud case that the Iranian media describe as the country's biggest ever opened on Saturday with some of the 32 accused facing possible death sentences.
The accused were charged with involvement in taking bribes and financial corruption, Iranian media reported.
The lead defendant, who was identified only by the initials MA, is accused of being "corrupt on earth," a charge which carries the death penalty under Iran's penal code, the reports said.

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