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Executive linked to Iranian probe pleads guilty

Executive linked to Iranian probe pleads guilty

The ex-president of a foundation with a history of legal troubles over its alleged ties to Iran's government has pleaded guilty to obstructing justice.
Farshid Jahedi, former president of the Alavi Foundation, entered the plea Wednesday in federal court in Manhattan.
Jahedi said during his plea that he tore up and threw away documents that he knew would be responsive to a subpoena issued in connection with a grand jury investigation.
The foundation co-owns a Manhattan building where authorities are probing links to an Iranian bank accused of supporting Iran's nuclear program.
A federal judge said sentencing guidelines call for the 55-year-old Jahedi to receive up to 1 1/2 years in prison.
Sentencing is set for April 2.


Updated : 2021-03-03 07:20 GMT+08:00