The charges involve the use of forged documents to get credit at one of Iran's top financial institutions to purchase assets including major state-owned companies
Tehran: A Tehran court began hearing the trial of 32 defendants on Saturday in a $2.6 billion (Dh9.5 billion) bank fraud described as the biggest financial scam in the country's history, state TV reported.
The city's chief prosecutor Abbas Jafari Dowlatabadi read the text of the indictment against the 32 accused, who wore prison uniform as they attended the Saturday session of the Revolutionary Court charged with hearing cases involving security and organised crimes.
The charges involve the use of forged documents to get credit at one of Iran's top financial institutions to purchase assets including major state-owned companies.
Iran's judiciary has banned media from identifying the defendants by their full names. The primary defendant is referred to in reports by his nickname, "Amir Mansour Aria", and he is described in the Iranian media as the head of a sprawling business empire.