Iran to begin trial on financial fraud case by Feb. 19

Azerbaijan, Baku, Jan. 30 / Trend F.Milad/ The first trial session of the indictments on recent $2.6 billion financial fraud case will be held in Iran by February 19, Prosecutor General Gholam Hossein Mohseni-Ejei was quoted by Fars news agency as saying. Indictments have been issued against over 50 suspects and 27 other arrested in connection with the financial fraud case, Mohseni-Ejei added. Mohseni-Ejei was assigned on September 15 to investigate the fraud case. He said that an audit of 40 companies connected to the fraud case was carried out over last month, through which their debts and irregularities were revealed. He added that during the period, 106 suspects were interrogated, and 27 of them were placed under arrest. "We are ready to hand over the properties or sell them and give the proceeds to the banks," he concluded. The most massive financial fraud case in Iran's history has triggered a wave of resignations and dismissals of the banking officials. Do you have any feedback? Contact our journalist at agency@trend.az