2011 Iranian embezzlement scandal

rdf:langString 2011 Iranian embezzlement scandal

rdf:langString May 2014

rdf:langString is "2,800 billion embezzlement" supposed to read "'2,800 billion embezzlement'" or "2,800 billion embezzlement"?

rdf:langString The 3,000 billion toman embezzlement scandal in Iran (also 2,800 billion embezzlement; approximately US$943.5 million) was a corruption scandal involving the use of forged documents to obtain credit from at least seven Iranian state and private banks to purchase recently privatized state-owned companies. The fraud reportedly extended over a four-year period, but became more serious in the months before the scandal broke in September 2011. According to Iranian newspapers, Iranian businessman Mahafarid Amir Khosravi (also known as Amir-Mansour Aria) masterminded the scam, and as of late October 2011, at least 67 people have been interrogated and 31 of them have been arrested, with Aria being executed in 2014. Mostafa Pour Mohammadi, the head of a judicial investigations unit, has called the case "the most unprecedented financial corruption case in the history of Iran." The scandal has also been called "politically sensitive", involving Esfandiar Rahim Mashaei, a close aide to President Mahmoud Ahmadinejad, opposed by conservatives.