Iran to Execute 4 Bankers on Fraud Charges
The guilty party was responsible for mishandling $2.6 billion of funds - using forged documents in order to receive credit from banks, permitting them to purchase state-owned companies.According to the indictment, the owners of Aria Investment Development Company, which is at the center of the controversy, had bribed bank managers to get loans and letters of credit. The company has more than 35 offshoots which are active in diverse business activities.
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