Ex-foundation head sentenced in NYC to 3 months in prison for obstructing Iran investigation

By AP
Thursday, April 29, 2010

Executive linked to Iran probe is sentenced in NYC

NEW YORK — The former president of a foundation prosecutors say has provided services to the Iranian government has been sentenced in New York City to three months in prison for obstructing justice.

Farshid Jahedi (fahr-SHEED’ jah-HEE’-dee) was sentenced Thursday in federal court in Manhattan. He was fined $3,000.

He pleaded guilty in December to an obstruction charge. He admitted throwing away documents he knew would be subject to a subpoena issued in connection with a grand jury investigation of a bank accused of helping fund Iran’s nuclear program.

Jahedi is the former president of the Alavi Foundation. Prosecutors say the foundation’s partner in the ownership of a Fifth Avenue office tower was a company fronting for a secret interest held by the state-owned bank of Iran, whose government is designated by the U.S. as a sponsor of terrorism.

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