Iran’s judiciary said it will put on trial about 30 people it accuses of being involved in a $2.6 billion banking fraud, the biggest in the country’s history, the state-run Press TV news channel reported.
Twenty-four people have been indicted and there will be more indictments this week, Prosecutor-General Golamhossein Mohseni-Ejei said yesterday, according to Press TV; the channel added that the first session of the trial may take place as early as mid-February.
The former managing director of Iran’s Bank Melli, one of the suspects in the case, has left Iran and now lives in Canada, the report said.
Seven state and private banks are alleged to be connected with the fraud, which involved forging letters of credit from the partly state-owned Bank Saderat to secure loans for buying state-owned companies, Iranian media have reported.
To contact the reporter on this story: Ladane Nasseri in Dubai at email@example.com
To contact the editor responsible for this story: Andrew J. Barden at firstname.lastname@example.org