TEHRAN: Iran’s judiciary said Tuesday that it commuted a death sentence for a tycoon to 20 years in prison after he returned around $2.1 billion in assets from illegally selling oil abroad, the official IRNA news agency reported.
Babak Zanjani, 48, was sentenced to death in 2016 over a number of charges, including money laundering, forgery and fraud that disrupted the country’s economy.
IRNA quoted judiciary spokesman Asghar Jahangir as saying that an appeal for amnesty by Zanjani was reviewed and his death sentence was “commuted to a 20-year prison term after approval by the Supreme Leader.”
Ayatollah Ali Khamenei has the final say on all state matters and occasionally issues pardons.
Jahangir said as part of Zanjani’s 2016 sentence, he had the right to an amnesty or commutation of his death sentence if he returned the assets, compensated for damages and expressed regret for wrongdoing. The spokesman said that Zanjani cooperated with the judiciary to locate the assets abroad in recent years while he was in prison, and all the money was returned.
Zanjani was arrested in 2013 shortly after the election of then President Hassan Rouhani as part of a crackdown on alleged corruption during the rule of former President Mahmoud Ahmadinejad.
Authorities said then that Zanjani owed more than 2 billion euros ($2.1 billion) for oil sales he made on behalf of Ahmadinejad’s government. Zanjani was one of Iran’s wealthiest businessmen, with a fortune worth an estimated $14 billion.
The commutation of Zanjani’s sentence indicates that Iran’s government is in need of revenue after years of US sanctions on the country.
In 2018, then President Donald Trump pulled the US out of a nuclear deal with Iran that had aimed to lift sanctions on Iran in return for the capping of the country’s nuclear activities. Since then, Iran has found it difficult to sell its crude, the country’s main source of foreign revenue. After Trump’s unilateral withdrawal from the deal, Iran’s rial currency tumbled.
In 2014, Iran executed another billionaire businessman, Mahafarid Amir Khosravi, for a $2.6 billion state bank scam in Iran.
Iran commutes a tycoon’s death sentence to 20 years in prison
https://arab.news/2m6sq
Iran commutes a tycoon’s death sentence to 20 years in prison
- Babak Zanjani was sentenced to death in 2016 over a number of charges
- An appeal for amnesty by Zanjani was reviewed and his death sentence was “commuted to a 20-year prison term
Daesh group militants clash with police during raid in Turkiye, wounding 7 officers
- The clash broke out Monday in Yalova province as police stormed a house where the militants were hiding, according to the state-run Anadolu Agency
- Last week, police detained 115 militants allegedly planning attacks targeting Christmas and New Year’s celebrations
ANKARA: Militants of the Daesh group opened fire on police and wounded seven officers during a raid on the group in northwest Turkiye on Monday, the country’s state-run media reported.
The clash broke out in Yalova province, south of Istanbul, as police stormed a house where the militants were hiding, Anadolu Agency said.
Special forces from neighboring Bursa province were dispatched to reinforce the operation.
Anadolu said none of the wounded officers were in serious condition.
Last week, police launched scores of simultaneous raids, detaining 115 militants of the extremist group who were allegedly planning attacks targeting Christmas and New Year’s celebrations. Officials said the group had called for action, particularly against non-Muslims, during the celebrations.
Daesh has carried out a series of deadly attacks in Turkiye in recent years, including a shooting at an Istanbul nightclub during New Year celebrations on Jan. 1, 2017, which killed 39 people.
