Oil corruption suspect Babak Zanjani released from the gallows

After 26 court sessions were held to investigate the oil corruption case, Zanjani was introduced as a corruptor on earth and sentenced to death.

Ehsan.S. FCNN News Agency: Babak Zanjani, the prime suspect in the oil corruption case in Iran, who had previously been sentenced to death as a corruptor on earth, was released from this punishment.

According to FCNN, the Supreme Court has overturned the lower court's ruling on this defendant.

Babak Zanjani came to life during Ahmadinejad's presidency and became an oil businessman.

At the time of Zanjani's arrest, many Iranian intellectuals believed that he was simply being punished and forced to play the role of a white-collar victim.

This was the idea that was formed in people's minds at the time of Saeed Mortazavi's arrest. But it seems that these two people have taken possession of a threatening tool that is more powerful than the handwritten law of white-collar workers.

Amir Abbas Soltani, a member of parliament who was also a member of the committee following up on the Babak Zanjani case, revealed secrets in media interviews after his arrest that show that Zanjani had accomplices in the upper echelons of the Islamic Republic regime.

In these conversations, he mentioned the then Minister of Finance, the Governor of the Central Bank, and the Minister of Oil, and emphasized that the presence of these accomplices allowed Zanjani to continue his illegal activities even during his arrest.

The charges against this individual indicate that he succeeded in embezzling more than 13 trillion tomans from people's property.

While it is said that 90 percent of Zanjani's assets are abroad and the rest of his wealth is registered in the names of his accomplices, he has no assets to return the money according to the ruling of the lower court.

Zanjani is an Iranian businessman who, during the Ahmadinejad administration and as international sanctions against Iran's nuclear programs intensified, became one of the largest capitalists and one of the biggest suspects in corruption and rent-seeking in Iranian history.

So much so that his name is linked to most cases of rent-seeking and economic corruption during this period.