Between 2010 and 2013, businessman Babak Zanjani carried out one of the biggest money laundering operations in Iran’s history to help the Iranian government bypass US oil sanctions. Al Arabiya English recently revealed how Rostam Ghasemi, one of Iran’s top generals and its former oil minister, acted as Zanjani’s sponsor.
The rise of Rostam Ghasemi
Babak Zanjani carried out one of the biggest money laundering operations in Iran’s history. (File photo: AFP)
Ghasemi has been blacklisted by the United States, Australia, and the European Union for missile and nuclear related activities. (File photo: Reuters)
Underhanded oil sales
Along with Ghasemi, former NAJA Chief Commander Esmail Ahmadi-Moghaddam was a key actor in a scandal involving $60 million in oil money that went missing. (File photo: AFP)
In March 2019, Syrian businessman Mazen al-Tarazi, known to have close ties with Assad, was arrested in Kuwait and charged with money laundering. (Supplied)