Official announcements from Iranian authorities or major news outlets

Babak Zanjani Released from Prison After Embezzlement Conviction of Billions of Dollars on January 9, 2024

Dec 29, 2024, 11:49 AM

Babak Zanjani, an Iranian oil tycoon convicted of embezzling billions of dollars in oil revenues and initially sentenced to death, has reportedly been released from prison. His lawyer, Rasoul Koohpayehzadeh, shared an image on social media showing Zanjani outside of prison, seated at a desk in what appears to be an office setting. The release coincides with the date of January 9, 2024, which has been noted as a significant day related to Zanjani's freedom. This development follows earlier statements from the Iranian judiciary regarding Zanjani's status.