Saturday, February 23, 2013

Iran sentences 4 to death in biggest bank fraud case...

Iran Judiciary has handed down death sentence to four people convicted of involvement in the biggest embezzlement case in the country’s banking history.

“Four people were sentenced to death on charges of corruption on earth and disrupting the country’s economic system,” Iran’s Judiciary spokesman Gholam-Hossein Mohseni-Ejei told reporters on Monday.

(...)

“The president of Bank Melli branch in Kish was slapped with life imprisonment and former deputy minister Khodamorad Ahmadi was sentenced to 10 years in prison,” Mohseni-Ejei, who is also Iran's attorney general, added.

Other defendants were handed down sentences varying from flogging to paying cash fines and being barred from public office, he said. Full story...

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