Jan 25 (Reuters) - South Korean prosecutors have detained and charged a Korean American with the illegal transfer of a staggering 1.09 trillion won ($1.02 billion) inIranian money frozen inSouth Koreaunder international sanctions, the lawyers said on Friday. The Seoul Central District Prosecutors' Office said a 73-year-old man, identified only by ...

Irans Central Bank Governor Mahmoud Bahmani rejected claims of illegal movements of money by a Tehran court, which ruled that he should be dismissed, state- media reported. The withdrawals were legal and had the governments backing, Bahmani said. The matter of withdrawing from bank accounts by the Central Bank was fully in line with the governments ...