Iran’s Supreme Court has overturned death sentence of Iranian billionaire businessman Babak Zanjani, Mehr news agency reported on November 26.
Zanjani was sentenced to death last April for corruption, but he appealed the ruling.
Meanwhile, Gholamreza Ansari, an official with the Supreme Court of Iran, told Iranian Students News Agency (ISNA) that he has no recent information regarding the issue.
Recall, Iran billionaire Babak Zanjani was sentenced to death in March this year.
He was arrested in December 2013 after accusations that he withheld billions in oil revenue channeled through his companies. He denied the allegations.
Zanjani, 42, was convicted of fraud and economic crimes.
One of Iran's richest men, Zanjani was blacklisted by the US and EU for helping Iran evade oil sanctions.
