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New legal actions against Babak Zanjani by end of 2025?
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Resolution / Starting Odds
Yes • 50%
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Legal filings or announcements from the Iranian judiciary
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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.
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