Roughly 30 people in Iran to be judged over $2.8 bln fraud case
Azerbaijan, Baku, Jan. 30 / Trend S.Isayev, T. Jafarov/
Over 30 people will be judged in connection with the fraud case in Iran, Iran's Attorney General Ghulam-Hussein Mohseni Ezhei said, ISNA reported.
The Iranian authorities have widened their investigation into, what they say, is a record $2.8 billion embezzlement uncovered in a network of Iranian banks.
Some time earlier, Ezhei said that some of the suspects had begun to provide information about the mechanics of the embezzlement case, which the authorities said involved using forged documents to obtain credit from at least seven Iranian state and private banks. The money was then used to purchase state-owned companies
The fraud case, portrayed as extending over a four-year period, was first identified at Bank Melli, Iran's largest commercial bank, in September.
Ezhei added that indictments for 24 people have already been prepared, while the remaining five or six people will be getting theirs within a week.
"A total of 30 people, maybe more are being judged," Ezhei noted.
He also added that properties of a few large companies and factories have been studied, and in connection with corruption some state officials have been arrested.