TEHRAN -- Iran's Supreme Court has confirmed the death sentence against a well-known tycoon, the country's state-run news agency reported Saturday.
The Saturday report by IRNA said Babak Zanjani was sentenced to death over a number of charges including money laundering and disrupting the country's economy.
IRNA also said Gholam-Reza Ansari, a senior official at the Supreme Court of Iran, announced that the Supreme Court has upheld the death penalty for the two other defendants involved in the embezzlement case, Hamid Fallah-Heravi and Mehdi Shamszadeh.
Iran's Oil Ministry says Zanjani owes more than 2 billion euros ($2.25 billion) for oil sales he made on behalf of Ahmadinejad's government.