Iranian billionaire sentenced to death for corruption
Publisher | Radio Free Europe/Radio Liberty |
Publication Date | 6 March 2016 |
Cite as | Radio Free Europe/Radio Liberty, Iranian billionaire sentenced to death for corruption, 6 March 2016, available at: https://www.refworld.org/docid/570cdfb74.html [accessed 31 May 2023] |
Disclaimer | This is not a UNHCR publication. UNHCR is not responsible for, nor does it necessarily endorse, its content. Any views expressed are solely those of the author or publisher and do not necessarily reflect those of UNHCR, the United Nations or its Member States. |
March 06, 2016
Babak Zanjani
Iranian tycoon Babak Zanjani, the country's wealthiest person, has been sentenced to death after being convicted on corruption charges.
Iran's judiciary announced the death sentences for Zanjani and two fellow defendants in Tehran on March 6.
Zanjani came to prominence during the presidency of Mahmud Ahmadinejad for his ability to help Iran evade international sanctions and sell its oil abroad.
He was convicted of fraud and other economic crimes. In addition to execution, he was sentenced to pay restitution to the state for its losses.
He was arrested in December 2013. At the time, his wealth was estimated at $14 billion.
The defendents can appeal the judiciary's ruling.
Based on reporting by AFP and Reuters
Link to original story on RFE/RL website