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Second court session in Iran’s $2.6b fraud case to be held next week

Iran Materials 5 March 2012 17:09 (UTC +04:00)

Azerbaijan, Baku, Mar. 5/ Trend F.Milad/


The second court session in the trial of 32 defendants accused of involvement in a $2.6 billion financial fraud case will be held in Tehran on Sunday, Judiciary spokesman Gholam Hossein Mohseni-Ejei announced.

The first court session of the trial of 32 defendants charged with involvement in the biggest embezzlement case in Iran's history was held on February 19.
Seven state-owned and private Iranian banks are said to be involved in the fraud case, in which documents were also forged in efforts to secure loans and purchase state-owned companies.

The Judiciary began investigating the case about five months ago.

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