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Iran says court sentences billionaire to death in graft case

By REUTERS

MARCH 6, 2016 12:52

DUBAI - A court in Iran sentenced to death Iranian businessman Babak Zanjani and two accomplices for embezzlement, the judiciary said on Sunday, in a case widely watched due to Zanjani's prominent role in helping the government evade oil sanctions.

The Islamic court convicted the defendants of "spreading corruption on earth," a capital offense, and ordered them to repay funds embezzled from, among others, state-run National Iranian Oil Company, judiciary spokesman Gholamhossein Mohseni Ejei said on live television.

The defendants can appeal against the ruling.

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