Baku, Azerbaijan, May 7
By Umid Niayesh - Trend:
A person charged in the famous 2011 $3 billion embezzlement case has been arrested and returned to Iran.
"H. S. was arrested by Interpol in one of the Gulf States and handed over to Iran on May 7," head of the Interpol Office of the Iranian police, Colonel Massoud Rezvani said, Iran's official IRNA news agency reported.
The police chief refused to give the complete name of the arrested person, but according to the Iranian media outlets, the initials H. S. are considered to be those of a Hassan Soltani, whose name was repeatedly mentioned during the case's court hearings.
The $3 billion embezzlement was a fraud involving the use of forged documents to obtain credit from at least seven Iranian state and private banks to purchase state-owned companies. This bank fraud had been described as the biggest financial scam in the country's history.
The arrested person already was placed on Interpol's Red Notice Wanted list, Rezvani said.
It should be noted that four people involved in the case including former head of Iran's Bank Melli, Mahmoud Reza Khavari have not been arrested yet.
In January, deputy chief of Iranian police, Ahmadreza Radan announced that a special group of Iranian police officers will be assembled and sent to Canada to search for and arrest Khavari.
"Iranian police asked the Canadian police to arrest Khavari as soon as he's spotted, and return him to Iran, however Canadian officials said Khavari is not in Canada," Radan said.
Earlier Iranian media outlets quoted Rezvani as saying Canadian police have announced that Khavari has escaped from Canada to one of the South American countries.