Babak Zanjani

Babak Zanjani

Babak Morteza Zanjani (Persian: بابک مرتضی زنجانی‎‎, born 21 March 1974) is an Iranian billionaire and business magnate. He was the managing director of the UAE-based Sorinet Group, one of Iran's largest business conglomerates.In late 2013, he was arrested and accused of withholding $2.7 billion of government money owned by the Ministry of Petroleum, in his attempts to facilitate Iran's oil revenue hindered by the sanctions against Iran.Several commentators have stated that Zanjani is perhaps a “fall guy” for corruption scandals in Iran. Wikipedia

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