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Oct. 25 (Bloomberg) -- Iran’s judiciary said it has arrested nine more people in connection with a $2.6 billion banking fraud, the biggest in the country’s history.

With the latest arrests, the authorities have detained 31 of 67 suspects in the case, Prosecutor General Golamhossien Mohseni-Ejei told state television in an interview aired late yesterday. Asked whether any “prominent” person was among the suspects, he said the positions held by anyone linked to the case won’t impede the investigation.

Seven state and private banks are alleged to be connected to the fraud, which involved forging letters of credit from Bank Saderat, which is partly state-owned, to secure loans used to buy state-owned companies, Iranian state media have said.

Amir Mansour Aria Development Co. and affiliated companies linked to the family of businessman Amir Mansour Khosravi are the main entities suspected of roles in the scam, Mohseni-Ejei said on Oct. 3. President Mahmoud Ahmadinejad, who campaigned against corruption before taking office in 2005, has come under pressure as critics accuse his close aide and relative, Esfandiar Rahim Mashaei, of having ties to Khosravi. The government has denied any connection to the alleged fraud.