Iran commutes a tycoon’s death sentence to 20 years in prison

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. (AFP/File)
Short Url
Updated 30 April 2024
Follow

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

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.


Tunisian police clash with youths in Kairouan after man’s death

Rights groups accuse Saied of using the judiciary and police to stifle criticism, something that Saied denies. (AFP file photo)
Updated 15 December 2025
Follow

Tunisian police clash with youths in Kairouan after man’s death

  • Tunisia President Kais Saied shut down parliament and began ruling by decree in 2021 in what he called a move to root out rampant corruption and mismanagement, but which the opposition called a coup

TUNIS: Clashes erupted for a second night on Saturday between police and youths in the central Tunisian city of Kairouan after a man died following a police chase, according to his family, fueling authorities’ fears that protests could spread across the country. As Tunisia prepares to mark the January anniversary of the 2011 revolution, which sparked the Arab Spring uprising, tensions have risen amid protests, and a powerful UGTT union call for a nationwide strike next month. Thousands have been protesting for weeks in the southern city of Gabes, demanding the closure of a chemical plant on environmental grounds.
Witnesses said demonstrators in Kairouan threw stones, petrol bombs and flares, and blocked streets by burning tires, prompting police to disperse crowds with tear gas.
The family said the man, riding a motorcycle without a license, was chased by police, beaten, and taken to a hospital. He later fled and died on Friday from a head injury.
The government was not immediately available to comment. Relatives of the deceased said they will not remain silent and will spark major protests if those responsible are not held accountable.
In a bid to defuse tensions, Kairouan’s governor visited the family on Saturday evening and pledged to open an investigation to determine the circumstances of the death and establish accountability, witnesses said.
Tunisia President Kais Saied shut down parliament and began ruling by decree in 2021 in what he called a move to root out rampant corruption and mismanagement, but which the opposition called a coup.
Rights groups accuse Saied of using the judiciary and police to stifle criticism, something that Saied denies.