Iran billionaire Babak Zanjani sentenced to death

Iran billionaire Babak Zanjani sentenced to death

Billionaire Iranian businessman Babak Zanjani has been sentenced to death for corruption.He was arrested in December 2013 after accusations that he withheld billions in oil revenue channelled through his companies. He denies the allegations.Zanjani, 42, was convicted of fraud and economic crimes.One of Iran’s richest men, Zanjani was blacklisted by the US and EU for helping Iran evade oil sanctions.
Who is Babak Zanjani?
* Played a key role in helping Iran get around sanctions to sell oil abroad during the presidency of Mahmoud Ahmadinejad
* From Dubai, he controlled a global network of more than 60 companies involved in everything from cosmetics to air travel and banking
* Accused of impropriety after Hassan Rouhani, a moderate who pledged to tackle high-level corruption, became president in 2013