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, a cash fine and compensation,"Gholamhossein Esmaeili, a top official in Tehran's judiciary, told the Mizan news agency, without giving further details.
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