TEHRAN: Iran’s billionaire tycoon Babak Zanjani has been sentenced to death for corruption, a judicial official said Sunday, after a long trial in which he was accused of fraudulently pocketing $2.8 billion.
Zanjani became notorious during the era of President Mahmoud Ahmadinejad, finding ways to channel hard currency from oil sales to Tehran despite financial sanctions imposed on the Islamic republic’s banks as punishment for its nuclear program.
The 41-year-old was convicted of fraud and economic crimes and as well as facing the death penalty he must repay money to the state, judiciary spokesman Gholam Hossein Mohseni-Ejeie said at his weekly press conference.
The trial was held in public, a rarity for such a major case in Iran, and two other accused were also convicted of “corruption on earth,” the most serious offense under the country’s criminal code, meaning they too will face the death penalty.
“The preliminary court has sentenced these three defendants to be executed, as well as paying restitution to the plaintiff,” Mohseni-Ejeie said, adding that that was the Oil Ministry.
They must also pay a “fine equal to one fourth of the money that was laundered,” the spokesman said, without specifying the sum.
Zanjani, who can appeal, had denied any wrongdoing, insisting that the only reason the money had not been paid to the ministry was that sanctions had prevented a planned transfer from taking place.
Iran to hang corruption-tainted billionaire tycoon Babak Zanjani
Iran to hang corruption-tainted billionaire tycoon Babak Zanjani
Israeli strikes killed eight people in south Lebanon: state media
- Israeli strikes killed eight people in Lebanon on Thursday as Israel renewed its evacuation call for vast areas of the country’s south, long a stronghold of Hezbollah
BEIRUT: Israeli strikes killed eight people in Lebanon on Thursday as Israel renewed its evacuation call for vast areas of the country’s south, long a stronghold of Hezbollah.
The Iran-backed militant group, which dragged Lebanon into the regional war on Monday when it launched an attack on Israel, said it had launched missiles at positions in the Galilee area.
The National News Agency (NNA) reported that the mayor of a village in the Nabatieh region of south Lebanon and his wife were killed in one strike, while in a nearby village another strike killed two children and their parents.
The Lebanese health ministry said two people were killed by a strike on a car near the city of Zahle in the east of the country.
There were new strikes on the southern suburbs of the capital, Hezbollah’s main bastion, early on Thursday, NNA reported, with AFPTV footage showing smoke coming from the area.
It also said a pre-dawn Israeli drone strike hit an apartment in Beddawi, a Palestinian refugee camp near Tripoli in the north of Lebanon, killing senior Hamas official Wassim Atallah Al-Ali and his wife.
Also on Thursday, Israel renewed its warning to residents of hundreds of square kilometers (miles) of southern Lebanon to evacuate because of military action.
Arabic-language spokesman for the Israeli military Avichay Adraee posted on X: “Urgent warning to residents of southern Lebanon: you must immediately continue evacuating to the north of the Litani river.”
The warning included the cities of Tyre and Bint Jbeil.
On Tuesday, Israel’s military said it was creating a buffer zone inside Lebanon to protect Israeli residents.
The following day, it said troops from three divisions, including infantry, armored and engineering units were operating inside Lebanon.
