Iran arrests tycoon known for sanctions busting over graft
TEHRAN (AFP) - Iran on Monday arrested on corruption charges a tycoon who reputedly played a major role in busting sanctions imposed on Tehran over its disputed nuclear programme, media reports said.
The news of Mr Babak Zanjani's arrest was announced by prosecutor general Gholam Hossein Mohseni Ejei, who did not provide any other details, the official IRNA news agency reported.
But IRNA said the case against Mr Zanjani - who is said to have become rich by helping Iran to circumvent global sanctions on its vital oil exports - was related to "financial crimes".
It added that Mr Zanjani had been taken to Tehran's notorious Evin Prison.