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Babak Zanjani

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Babak Zanjani
Born
Babak Zanjani

(1974-03-12) 12 March 1974 (age 51)
Tehran, Iran[1]
NationalityIranian
OccupationBusinessman
Criminal statusStayed (2021)
Criminal chargeSpreading corruption on earth
PenaltyExecution
Date apprehended
2013
Websitewww.babakzanjani.com

Babak Zanjani (born 12 March 1974) is an Iranian businessman. He ran a big company called Sorinet Group in the United Arab Emirates.[2]

In 2013, he was arrested. The government said he kept $2.7 billion of their money. This money belonged to the oil ministry and was supposed to be used for Iran's oil income, which was hard to get because of rules against Iran.[3]

Zanjani was found guilty of being dishonest and was sentenced to death. Later, in 2021, the top court in Iran said they would change his sentence if he gave back the money he owed. They stopped his death sentence while waiting for him to return the money.

Some people think Zanjani is being blamed for other people's bad actions in Iran.[4]

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References

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  1. "Iran billionaire Babak Zanjani sentenced to death". BBC News. 2016-03-06. Retrieved 2025-07-10.
  2. "Treasury Targets Network Attempting to Evade Iran Sanctions". U.S. Department of the Treasury. 2025-02-08. Retrieved 2025-03-01.
  3. Member, Sune Engel Rasmussen Newsweek Is A. Trust Project (2016-03-14). "Dead Billionaire Walking". Newsweek. Retrieved 2025-03-01.
  4. Dabashi, Hamid. "Power corrupts, corruption empowers". Al Jazeera. Retrieved 2025-03-01.