Iranian billionaire Babak Zanjani was sentenced to death (Video) – RSUTE

Moscow / 07.03.2016 / RSUTE.ru

In Iran, 41-year-old billionaire Babak Zanjani sentenced to death by hanging, he said on Sunday, 6 March.

Iranian billionaire Babak Zanjani was found guilty of corruption and sentenced to death, according to Agence France-Presse in Sunday, March 6.

Clarifies that the death penalty is declared after a long trial, during which Zanjani accused of illegal misappropriation of funds received from the sale of oil to bypass the sanctions regime. Billionaire accused of fraud, economic crime and embezzlement of $ 2.8 billion fraudulent. He faces the death penalty, and he must repay the money to the state, a court spokesman Gholam Hossein Mohseni-Ejei.

Zanjani is accused of hiding about $ 2 billion from the sale of state oil. The case against him is about 40 thousand pages. TASS that Zanjani and two other defendants sentenced the Court of First Instance, however, the possibility of appeal at the time of writing these notes there.

About the person Zanjani shortly after his arrest recounts Kazakh “Radio Liberty” office calls him the richest man in the country. His business empire includes 65 companies in Iran, Turkey, the United Arab Emirates, Malaysia and Tajikistan. He has a wide range of business interests – from cosmetics, hospitality, transport to construction and banking services. The name of the tycoon became widely known in late 2012 in connection with the Western economic sanctions against Iran over the disputed nuclear program. It made for a “key role in evasion” in the US and EU blacklists of those sanctions. Restrictions were directed to the fact that Iran has not been able to generate revenue from oil exports.

Zanjani denied the charges, not paying attention to making his name blacklisted. But later, in an interview with Iranian media admitted that in 2010 agreed to complete the request of the central bank of Iran, to help translate the necessary oil revenues in the country.

2012 United States and the European Union have Zanjani in the sanctions list, as of April 2013 year US Treasury Zanjani accused of undermining the sanctions regime by fiddling with the export of oil and funds of the Iranian government. The same claim is presented and the European Union. In February 2014, Iranian President Hassan Rouhani ordered to investigate the theft of budget funds during the corrupt machinations of the Iranian oil. Iranian media about the state of Zanjani more than $ 13.5 billion.