A member of Iranian Parliament’s Industry and Mining Commission has announced the discovery that $400 million in credit was issued fraudulently for the supposed purpose of importing airplane parts. Mobed Hosseini Sadr told ILNA: “In past years, while the country was under sanctions, an individual was issued $400 million in credit by the government […]
Tag: fraud
Editor arrested after report claiming voter fraud
A journalist for an Iranian news website says its editor has been arrested after reporting that there is an audiotape of President Mahmoud Ahmadinejad discussing vote rigging in his disputed 2009 re-election. Ahmadinejad’s office strongly denied last month’s report on the Baztab website, and so far, no audiotape has surfaced. The president’s supporters claim […]
Iran sentences four people to death for bank fraud
An Iranian court has sentenced four people to death for a billion-dollar bank fraud that tainted the government of President Mahmoud Ahmadinejad, state media reported on Monday.
Iran: Bank Melli management board members banned from leaving Iran over fraud case
Payvand – Members of the management board of Bank Melli Iran have been prohibited from leaving the country over the $2.6 billion financial fraud case, Mehdi Farahani, an official at the office of the Tehran prosecutor general, announced in Tehran on Sunday.
Assistance of Interpol requested in Great Bank Fraud case
The trial of suspects in Iran’s $3-billion bank fraud convened today for the third time, with the judge announcing that interpol has been called on in order to bring all the suspects in the case to trial.
Billion-Dollar Iranian Fraud Trial Opens
A Tehran court has begun hearing the trial of dozens of defendants in a $2.6 billion fraud case.
Iran lawmakers find minister liable in fraud, Tehran Times says
IranFocus-BloombergAn Iran parliament committee has held several senior officials accountable for the biggest bank fraud in the country’s history, Tehran Times reported.
Iranian Lawmaker Boroujerdi Denies Allegations Of Involvement In Fraud
Alaeddin Boroujerdi, the head of National Security and Foreign Policy in Iran’s Parliament who was reportedly arrested for 24 hours last week, has denied any involvement in the great bank fraud case.
Iranian Parliament divided over bank fraud case
Iranian lawmakers have announced that if the report on Iran’s huge bank fraud is to be read in parliament, it must be read in full, without omitting the names of five MPs involved in the case.
Iran arrests 14 more in bank fraud probe: reports
TEHRAN (AFP) — Iranian officials have arrested 14 more people as part of a probe into a vast, recently uncovered bank scandal and announced they had recovered a quarter of the 1.6 billion dollars allegedly embezzled, reports said on Monday.