Iran tycoon stands trial on corruption charges
TEHRAN, Iran (AP) — Iran's state TV says the trial has begun for a well-known tycoon charged with corruption, fraud and money laundering. Babak Zanjani, who was arrested in Dec. 2013 during a crackdown on alleged corruption during the rule of former President Mahmoud Ahmadinejad, could face the death penalty. The first hearing in Zanjani's trial was held on Saturday. Iran's Oil Ministry says Zanjani owes more than 2 billion euros ($2.25 billion) for oil sales he made on behalf of Ahmadinejad's government. Zanjani is one of Iran's wealthiest ...
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