Babak Zanjani

Iran's Supreme Court has confirmed the death sentence against a well-known tycoon, the country's state-run news agency reported on Saturday.

Iran's planned execution of billionaire Babak Zanjani for corruption will mask the identity of senior officials who supported him, say the president and two lawmakers independently assessing a case that has fuelled public cynicism about political graft.

The death sentence of Iranian billionaire Babak Zanjani can be commuted if he cooperates by returning the money he was convicted of embezzling, Justice Minister Mostafa Pour Mohammadi said.

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.

Iran's Supreme Court has confirmed the death sentence against a well-known tycoon, the country's state-run news agency reported on Saturday.

Iran's planned execution of billionaire Babak Zanjani for corruption will mask the identity of senior officials who supported him, say the president and two lawmakers independently assessing a case that has fuelled public cynicism about political graft.

The death sentence of Iranian billionaire Babak Zanjani can be commuted if he cooperates by returning the money he was convicted of embezzling, Justice Minister Mostafa Pour Mohammadi said.

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.