Iran General NewsReport: Iranian tycoon arrested

Report: Iranian tycoon arrested

-

AP: Iran’s official news agency says tycoon Babak Zanjani has been arrested over corruption charges. The U.S. has blacklisted him for allegedly attempting to evade economic sanctions against Iran.

 

The Associated Press

TEHRAN, Iran (AP) — Iran’s official news agency says tycoon Babak Zanjani has been arrested over corruption charges.

IRNA quoted state prosecutor Gholam Hossein Mohseni Ejehi. Ejehi didn’t elaborate but the Central Bank of Iran said last week that Zanjani, believed to be a billionaire several times over, has not paid money from oil sales to the bank.

The U.S. has blacklisted him for allegedly attempting to evade economic sanctions against Iran.

IRNA said in its Monday report that Zanjani was taken to Evin prison, north of Tehran.

Calls to his Sorinet Group were not returned.

Latest news

Iran’s Youths Broke the Spell of Fear

One of the main characteristics of the recent protests in Iran is the courage and fearlessness of the people,...

Iran Is on the Brink of a Revolution

The wall of fear has been broken. In many cities across Iran, women are taking to the streets, leading...

Iran’s Regime Claims To Fill Global Energy Gap Despite Crippled Petroleum Sector

In recent weeks, the Iranian regime’s officials have been constantly exaggerating their huge capacity in oil and gas reserves...

What Is Happening in Iran?

Following the brutal killing of Masha Amini, the Iranian people have once again united to fight and defeat the...

Iran Regime’s Ministry of Culture’s Decision To Eliminate Children’s Intellectual Centers

With the so-called ‘Cultural Revolution’ which took place between 1980 and 1983, the Iranian regime tried to purge the...

Water Shortage Crisis and the Destruction of Iran’s Water Resources

Iran is currently suffering from a number of dangerous natural disasters. One of the most worrying is the drying...

Must read

Top US lawmaker urges Italy’s help on Iran

AFP: Italy should use it's "good offices" with Iran,...

The 12 Crises Plaguing Iran as Sham Election Approaches

Iran Focus London, 17 Apr - Iran is in...

You might also likeRELATED
Recommended to you