January 03-2014
A few months ago we carried a story about how a man named Babak Zanjani (photo) had helped the Iranian government launder oil money in order to evade sanctions and get it back into Iran. But the Iranian government complained that Zanjani hadn’t brought all the money to Iran. He acknowledged that, saying some of the money was hung up abroad by sanctions. The state news agency quoted official sources last week as saying Zanjani still has 2.06 billion euros ($2.8 billion) of state money in his own hands.
