Babek Zanjani

Iran's supreme court has upheld the death penalty against Iranian businessman Babek Zanjani for corruption, the judiciary said on Dec. 3, a sentence critics say will mask the identity of senior officials who supported him. 

Deutsche Bank and Bank of America were swindled by Turkish-Iranian businessman Reza Zarrab, the office of Manhattan Attorney Preet Bharara, who is the lead prosecutor against the controversial figure, has alleged.

Babek Zanjani, an Iranian businessman currently imprisoned in Iran on corruption charges and connected to Turkey's massive 2013 graft case, has confessed that his company brought 1.5 tons of gold from Ghana to Istanbul by a plane and took it to Dubai, according to Iranian media reports. 

Speaking in a court session on Nov. 23, Zanjani also claimed that the smuggled gold was fake. 

The Iran Oil Ministry has filed a case against a private company in Turkey, claiming all stakes of Turkey's Onur Air that are owned by Mehdi Shams, a trustee of Babek Zanjani, an Iranian businessman currently imprisoned in Iran on corruption charges and connected to Turkey's massive 2013 graft case, are actually the Iranian state's. 

The deputy prosecutor has said asked the seizure of all wealth of Babek Zanjani, an Iranian businessman currently imprisoned in Iran on corruption charges who is also connected to Turkey?s massive 2013 graft case, claiming that Zanjani committed swindling and money laundering crimes in Turkey, Malaysia, Tajikistan and the UAE.

Babek Zanjani, an Iranian businessman currently imprisoned in Iran on corruption charges and a figure connected to Turkey's massive graft case from 2013, has confessed to having 15 billion euros worth of assets abroad, the case's deputy prosecutor has said.

The deputy prosecutor added that Zanjani made banking and money transactions in Turkey, Iraq, Tajikistan and Malaysia.