Iranian businessman sentenced to death for corruption

Babak-ZanjaniBabak Zanjani, 42, a billionaire and one of Iran’s richest men 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. was blacklisted by the US and EU for helping Iran evade oil sanctions. But he denies the allegations.
Two others were sentenced to death along with him and all were ordered to repay embezzled funds.
Zanjani had acknowledged using a web of companies in the United Arab Emirates, Turkey, and Malaysia to sell millions of barrels of Iranian oil on behalf of the government since 2010

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