Baku, Azerbaijan, May 13
By Fatih Karimov - Trend: The Iranian Intelligence Ministry has announced that a person who was fugitive for a bank fraud case has been arrested.
The person, who embezzled around $10 million from a bank branch in the city of Qorveh, located in the western province of Kordestan, was arrested and transferred to the country by intelligence forces, Iran 's IRNA news agency reported May 13, without revealing the person's identity.
The person, who fled the country in August 2013, has traveled to some European, American, and Asian countries after the embezzlement, the report added, without giving further details.
Iran's prosecutor general Gholam Hossein Mohseni Ejei said in May 2014 that 14 Iranian banks were involved in the famous 2011 $3-billion embezzlement case.
He added that state-run Bank Saderat and Bank Melli were the main banks involved in the case.
The $3-billion embezzlement was a fraud involving the use of forged documents to obtain credit from 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 prosecutor general remarked that the judiciary seriously confront with economic frauds in the country, adding that if the economic fraud is merged with political corruption it will lead to serious problems for the Islamic Republic.
He also stressed that the "corrupters are making obstacles in Iranian administration way to fight against corruption" without unveiling further details.
Edited by CN