The Latest from Iran (1 November): Ministers, MPs, and the Bank Fraud

President Ahmadinejad arrives at Parliament today during the interrogation of Minister of Economy Shamseddin Hosseini

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2015 GMT: Oops. Thomas Erdbrink picks up on a possible mis-step by President Ahmadinejad --- defending his Minister of Economy against possible impeachment, he admitted the effect of US-lead sanctions.

Ahmadinejad, amidst allegations in the $2.6 billion bank fraud, said, “Our banks cannot make international transactions anymore."

Iranian officials have consistently claimed that the sanctions are only hurting the US and its allies and that Iran's economy is strengthening despite the measures.

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