AFP- Iran has handed down heavy jail sentences to a former head of its largest state-owned bank who fled to Canada over a record-breaking $2.6 billion embezzlement scandal, the judiciary said on Saturday. Mahmoud Reza Khavari, the former head of Bank Melli who took refuge in Canada in 2011, "has been sentenced on four charges to long prison terms,...

October 26, The Iran Project Chief of Iran's branch of Interpolsays the extradition of the fugitive Iranian banker Mahmoud Reza Khavari is now a political case between Iran and Canada. Speaking on the sidelines of the meeting of judges with Interpol police, head of the Interpol Office of the Iranian Law Enforcement Force Colonel Massoud Rezvani ...

Tehran, Oct 13, IRNA -- Head of the Interpol Office of the Iranian Law Enforcement Force Brigadier General Massoud Rezvani underlined that the case of the fugitive Iranian banker Mahmoud Reza Khavari is still pending. Mahmoud Reza Khavari is former chief of Melli Bank of Iran, a suspect in a 2011 embezzlement scandal. He escaped to Canada shortly ...

TEHRAN (Tasnim) Mahmoud Reza Khavari, a former top Iranian banker who fled to Canada after committing a massive fraud, has purchased at least $12.1-million worth of properties under various names and legal entities in Toronto, a report said. According to public records searched by The Globe and Mail, the Khavari family is moving forward expanding ...

TEHRAN (Tasnim) - Iranian Judiciarys spokesman said he sees no ray of hope for the extradition of Mahmoud Reza Khavari, a former top Iranian banker who fled to Canada after committing a massive fraud. Speaking at a weekly press conference on Sunday, Gholam Hossein Mohseni Ejei said there has been no new development in the judicial case of Khavari....

Tehran, Sept 28, IRNA Iran's Deputy Police Commander Brigadier General Hossein Ashtari said Canada has admitted the presence of Mahmoud Reza Khavari in its territory. Khavari, the former Managing Director of Bank Melli, fled the country in September 2011 on embezzlement charges. He said the Canadian Police had up to recent days refused to admit ...

Irans authoritieshave executed a billionaire businessmanover his central role in a $2.6 billion bank fraud that rocked the countrys economy and political system. State TV said Mahafarid Amir Khosravi was hanged early Saturday in Evin Prison in Tehran. He was convicted of forging letters of credit with the help of high-level bank managers to get loans ...

Iran has executed the number-one convict in the biggest embezzlement case in the countrys banking history. According to Tehrans Public Prosecutors Office, Mahafarid Amir-Khosravi was hanged at Evin detention center Saturday dawn. Khosravi was convicted of disrupting the countrys economy through embezzlement, money laundering, and bribery. He haddeniedmany ...

TEHRAN (FNA)- Head of the Interpol Office of the Iranian Law Enforcement Force Colonel Massoud Rezvani dismissed the recent claims by Canadian police officials that fugitive banker Mohammad Reza Khavari - a main culprit in the $2.6 billion bank scam in Iran has escaped from Canada. The Canadian police first claimed that he (Khavari) has not entered ...

A special group of police officers will be assembled and sent to Canada for searching and arresting the former head of Bank Melli Iran, Mahmoud Reza Khavari, deputy chief of Iranian police, Ahmadreza Radan said, newspaper "Iran" reported on Jan. 6. "Iranian police asked the Canadian police to arrest Khavari as soon as he's spotted, and return him ...

TEHRAN (Tasnim) - Iranian Police Chief Brigadier General Esmail Ahmadi Moqaddam criticized the Canadian government for refusing to extradite a former top Iranian banker who fled to that country amid inquiries into a massive fraud case. We have an extradition treaty with Canada in place, but unfortunately, Canada has not cooperated fully on the ...