You are viewing our Forum Archives. To view or take place in current topics click here.
Iranian Billionaire sentenced to death
Posted:
Iranian Billionaire sentenced to deathPosted:
Status: Offline
Joined: Apr 23, 201311Year Member
Posts: 3,422
Reputation Power: 149
Status: Offline
Joined: Apr 23, 201311Year Member
Posts: 3,422
Reputation Power: 149
Billionaire Iranian businessman Babak Zanjani has been sentenced to death for corruption, justice officials say.
He was arrested in December 2013 after accusations that he withheld billions in oil revenue channelled through his companies. He denies the allegations.
Zanjani, 42, was convicted of fraud and economic crimes, a judiciary spokesperson said at a press briefing.
One of Iran's richest men, Zanjani was blacklisted by the US and EU for helping Iran evade oil sanctions.
Two others were sentenced to death along with him and all were ordered to repay embezzled funds. The ruling can be appealed.
Zohreh Rezalee, a lawyer for Zanjani, told the BBC the verdict was politically motivated and an appeal would be lodged.
Who is Babak Zanjani?
Played a key role in helping Iran get around sanctions to sell oil abroad during the presidency of Mahmoud Ahmadinejad
From Dubai, he controlled a global network of more than 60 companies involved in everything from cosmetics to air travel and banking
Accused of impropriety after Hassan Rouhani, a moderate who pledged to tackle high-level corruption, became president in 2013
Born in Tehran, attended a Turkish university and became a driver for Iran's central bank head in 1999, when he started out in currency exchange
Said he was worth $13.5bn but was reported to have significant debts
[ Register or Signin to view external links. ]
He was arrested in December 2013 after accusations that he withheld billions in oil revenue channelled through his companies. He denies the allegations.
Zanjani, 42, was convicted of fraud and economic crimes, a judiciary spokesperson said at a press briefing.
One of Iran's richest men, Zanjani was blacklisted by the US and EU for helping Iran evade oil sanctions.
Two others were sentenced to death along with him and all were ordered to repay embezzled funds. The ruling can be appealed.
Zohreh Rezalee, a lawyer for Zanjani, told the BBC the verdict was politically motivated and an appeal would be lodged.
Who is Babak Zanjani?
Played a key role in helping Iran get around sanctions to sell oil abroad during the presidency of Mahmoud Ahmadinejad
From Dubai, he controlled a global network of more than 60 companies involved in everything from cosmetics to air travel and banking
Accused of impropriety after Hassan Rouhani, a moderate who pledged to tackle high-level corruption, became president in 2013
Born in Tehran, attended a Turkish university and became a driver for Iran's central bank head in 1999, when he started out in currency exchange
Said he was worth $13.5bn but was reported to have significant debts
[ Register or Signin to view external links. ]
#2. Posted:
Status: Offline
Joined: Oct 25, 201310Year Member
Posts: 2,446
Reputation Power: 104
Status: Offline
Joined: Oct 25, 201310Year Member
Posts: 2,446
Reputation Power: 104
Damn that is a harsh sentence to say the least
- 2useful
- 0not useful
#3. Posted:
Status: Offline
Joined: May 12, 201112Year Member
Posts: 2,568
Reputation Power: 122
Wow death for fraud? That's very extreme. A lot of money, but still.
- 1useful
- 0not useful
#4. Posted:
Status: Offline
Joined: Oct 30, 201112Year Member
Posts: 6,412
Reputation Power: 530
Status: Offline
Joined: Oct 30, 201112Year Member
Posts: 6,412
Reputation Power: 530
Well it is a different country than us, it might seem harsh for us but to them it might just be seen as justice, and it is in the oil industry, billions of dollars is a whole lot of cash to be taking...
- 0useful
- 0not useful
#5. Posted:
Status: Offline
Joined: Jan 26, 20168Year Member
Posts: 11,790
Reputation Power: 11040
Motto: 9nty.gg
Motto: 9nty.gg
Status: Offline
Joined: Jan 26, 20168Year Member
Posts: 11,790
Reputation Power: 11040
Motto: 9nty.gg
That's a hard hit for him to imagine to himself that he's now down for a death sentence. $13+ Billion that's a lot of cash right there.
- 0useful
- 0not useful
#6. Posted:
Status: Offline
Joined: Apr 23, 201311Year Member
Posts: 3,422
Reputation Power: 149
Status: Offline
Joined: Apr 23, 201311Year Member
Posts: 3,422
Reputation Power: 149
else wrote Well it is a different country than us, it might seem harsh for us but to them it might just be seen as justice, and it is in the oil industry, billions of dollars is a whole lot of cash to be taking...I agree that they have a different culture to us but its still not right i mean not too long ago The US, UK etc would sentence people to death for things like this but it is just not acceptable anymore the world is a different place than what it was 200 years ago and this should not be allowed only Murder and crimes of that level should get you a death sentence.
- 0useful
- 0not useful
#7. Posted:
Status: Offline
Joined: Jun 06, 201112Year Member
Posts: 12,347
Reputation Power: 632
Status: Offline
Joined: Jun 06, 201112Year Member
Posts: 12,347
Reputation Power: 632
He should refuse to repay the billions he embezzled and that way they either stay the execution or they kill him and he gets to spite them from the grave.
- 1useful
- 0not useful
#8. Posted:
Status: Offline
Joined: Dec 19, 201013Year Member
Posts: 416
Reputation Power: 16
Status: Offline
Joined: Dec 19, 201013Year Member
Posts: 416
Reputation Power: 16
If he does have any off shore money in some random place that he could use to try to get revenge who knows what could happen. This could be an interesting read as the story progresses.
- 0useful
- 0not useful
You are viewing our Forum Archives. To view or take place in current topics click here.