TEHRAN: Iran has sentenced billionaire tycoon Babak Zanjani, reportedly one of the country’s richest men, to death, convicting him of corruption after a long trial on accusations he fraudulently pocketed $2.8 billion.
A justice official announced the punishment Sunday, noting that Zanjani, who became notorious for finding ways to channel hard currency from oil sales during the sanctions-ridden era of president Mahmoud Ahmadinejad from 2005 to 2013, could appeal.
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