Iran's supreme leader has called for "cutting off the traitorous hands" of those implicated in a fraud case described as the biggest financial scam in the country's history.
Ayatollah Ali Khamenei, who has the final say in all matters of state in Iran, said on state TV Monday that there should no mercy for corrupt bank officials and others involved in the $2.6 billion scam.
The defendants allegedly used forged documents to obtain credit to purchase assets including state-owned companies.
The case, details of which emerged in September, has led to the detention of 22 suspects.
One Iranian bank chief has resigned and left the country, and two more bank heads have been dismissed.
Source: THE WASHINGTON POST