The Dubai Court of Appeals is studying the request by Iran to hand over an accused charged with swindling Dh84,656,788 from a bank.
The main accused, a manager of the company S, and two others are slapped with charges of fraud, according to a report in 'Gulf Today'.
They allegedly forged four certificates of Chamber of Commerce and bills relating to virtual goods, including lists of packages belonging to the company and four bills of lading which were presented to the bank to obtain money.
Director of documentary credits at the bank said three companies based in the home country of the accused opened documentary credits with the bank on behalf of the company S, with the aim of purchasing gold valued at Dh105 million.
The executive manager of the company presented the documents to the bank and the money was deposited into the account of the company.
The case has been deferred until September 5.