Azerbaijan, Baku, July 30/ Trend D. Khatinoglu/
Spokesman for Iran's Judiciary System Mohseji Ejei said that 4 people, accused of a $3- billion bank fraud, were sentenced to death in Iran, Mehr News Agency reported.
Gholam-Hossein Mohseni Ejei added that two other people were sentenced to life imprisonment and the rest of accused people were sentenced to 25 year imprisonment.
Iran has arrested 39 people accused of bank embezzlement.
The embezzlement case started in 2007 by Amir Mansour Arya Investment Company, headed by Khosravi, and progressed in 2010 after some Iranian major banks, including Bank Saderat and Bank Melli, issued the loans for the company.
Iranian officials say that the case involved the use of fraudulent documents to obtain credit for this investment company, one of the country's top financial institutions. The company used them to purchase assets such as state-owned companies.