The Latest from Iran (6 November): Beyond the Israeli Diversion
Sunday, November 6, 2011 at 12:24
1650 GMT: Bank Fraud Watch. The Central Bankhas restricted the activities of money-lending co-operatives to their specific area.
In the recent $2.6 billion bank fraud, Iranian institutions issued Letters of Credits to companies who operated across Iran and allegedly moved funds abroad.
1630 GMT: The Battle Within. President Ahmadinejad's Thursday speech, made to the Supporters of Islamic Revolution Dialogue, continues to escalate in possible significance.
Absar News has these choice extracts. The President offered this defence of his embattled aide Esfandiar Rahim-Mashai, "If Rahim-Mashai had stolen 1 rial (about 1/100th of a cent), 'they' would have executed him."
Ahmadinejad then implied that responsibility for the $2.6 billion bank fraud engulfing Iranian politics lay with people connected to the Supreme Leader.