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Bank Saderat Iran : financial embezzlement under Sharia law /

In September 2011, news of Bank Saderat Iran's involvement in an embezzlement operation became public. Amir Mansoor Khosravi, an Iranian businessman, had used fraudulent documents from Bank Saderat to obtain bank loans that amounted to 2.6 billion U.S. dollars. At the time, the fraud was the bi...

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Bibliographic Details
Main Authors: Oji, Chijioke (Author), Makin, Viola, 1952- (Author)
Corporate Author: Sage Publications
Format: eBook
Language:English
Published: [London] : SAGE, 2016.
Series:SAGE knowledge. Cases.
Subjects:
Bānk-i Ṣādirāt-i Īrān.
Embezzlement > Iran > Case studies.
Banks and banking > Corrupt practices > Iran > Case studies.
Banking law (Islamic law) > Case studies.
Electronic books.
Online Access:Connect to the full text of this electronic book
Description
Summary:In September 2011, news of Bank Saderat Iran's involvement in an embezzlement operation became public. Amir Mansoor Khosravi, an Iranian businessman, had used fraudulent documents from Bank Saderat to obtain bank loans that amounted to 2.6 billion U.S. dollars. At the time, the fraud was the biggest in the history of Iranian banking and those implicated faced harsh penalties, including death sentences. As Iran's public prosecutor investigated the case, senior officials at Bank Saderat denied having any knowledge of the fraudulent operation.
Item Description:Originally Published in: Oji, C., & Makin, V. (2013). Bank Saderat Iran: Financial Embezzlement under Sharia Law. WBS-2013-8. Johannesburg: The Case Centre, Wits Business School.
Physical Description:1 online resource : illustrations (black and white, and colour).
ISBN:9781473964877 (ebook) :