The Latest from Iran (6 November): The Battle Begins over Ahmadinejad in Parliament

2027 GMT: Trade Watch. Iranian Consul General Muhammad Hossain Bani Assadi, speaking at the Lahore Chamber of Commerce and Industry, has said Tehran is ready to start barter trade with Pakistan to bypass problems with banking channels amid sanctions.

2017 GMT: Rafsanjani Watch. A photograph from Monday of former President Hashemi Rafsanjani with his son Mehdi Hashemi, moved from prison to hospital for an angiography --- Mehdi Hashemi, arrested in September on his return from a three-year exile in Britain, faces charges of financial and electoral manipulation:

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The Latest from Iran (18 February): The Issue is the Economy

See also Iran 1st-Hand: "Almost Everybody is Under Financial Pressure"
The Latest from Iran (17 February): The Political Battle

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President Ahmadinejad Sees a Nuclear Project1315 GMT: Bank Fraud Watch. At today's trial over the $2.6 billion bank fraud, the prosecution separated the 32 defendants into six groups:

1) the main companions of the central figure, Amir Mansour Khosravi, involved in all crimes such as forging and using documents, exchanging lines of credits, establishing fraudulent companies, transferring money, and buying property;
2) companions of Amir Khosravi active in the cases;
3) people who acted for Amir Khosravi as brokers;
4) management of companies who demanded faked lines of credit;
5) employees of the Amir Mansur Investment Group involved in embezzlement, receiving large payments to handle illegal affairs;
6) members of management and credit and supervisory departments of banks, who neglected their duties or dissipated funds as government employees.

Khosravi said he had spent 6 1/2 months in prison but had had only two hours to talk to his lawyer. The lawyer said he had had no chance to read the complaint.

Khosravi, according to the report, admitted that he had paid a $3 million bribe to Mahmoud Reza Khavari, the former head of Bank Melli who has fled to Canada, but added that he did not want to commit treason.

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