Iran Billionaire Sentenced to Death in Oil Fund Fraud Case

Updated on
  • Zanjani guilty of funneling money out of Iran during sanctions
  • Analyst says Iran wants to show that it is tackling corruption

Babak Zanjani, in blue, in a Tehran court in November 2015.

Photographer: Hemat Khahi/EPA

Iranian businessman Babak Zanjani was sentenced to death after being found guilty in a fraud case involving an oil fund, the state-run Iranian Students’ News Agency reported on Sunday, citing a judicial official.

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