Iran commutes death sentence for billionaire Zanjani

Iran’s judiciary said Tuesday it had commuted a death sentence handed down against a billionaire business tycoon convicted of pocketing $2.8 billion while circumventing US-led sanctions for the oil ministry.
Following an appeal for clemency, Babak Zanjani, 50, was sentenced instead to 20 years behind bars, judiciary spokesman Asghar Jahangir told reporters.
“With the approval of the head of the judiciary, and the agreement of the Leader, his death sentence was overturned and was commuted to 20 years of imprisonment,” Jahangir said.
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