Iran's Supreme Court confirms death sentence for tycoon
Iranian billionaire Babak Zanjani was sentenced to death for corruption, fraud and economic crimes linked to oil sales for which he did not reimburse the ...
Tehran - Arab Today
Iran's Supreme Court has confirmed the death sentence against a well-known tycoon, Iran's official IRNA news agency said on Saturday.
The report says Babak Zanjani was sentenced to death over a variety of charges including money laundering and disrupting the country's economy.
Zanjani was arrested in 2013 as part of a crackdown on alleged corruption during the rule of former president Mahmoud Ahmadinejad.
Iran's Oil Ministry says Zanjani owes more than 2 billion euros ($2.25 billion) for oil sales he made on behalf of Ahmadinejad's government.
Zanjani is one of Iran's wealthiest businessmen, with a fortune worth an estimated $14 billion.
Source: MENA
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