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Iranian billionaire Babak Zanjani sentenced to death over $2.8 billion fraud [PHOTO]

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Following a long trial in which he was accused of fraudulently pocketing $2.8 billion, Iran’s billionaire tycoon Babak Zanjani has been sentenced to death, a judicial official said today March 6. The 41-year-old who is worth $13.5 billion and holds a Danish citizenship was convicted of fraud and economic crimes.
Judiciary spokesman Gholam Hossein Mohseni-Ejeie said at the press conference that apart from the death sentence, Zanjani must repay money to the state.
Zanjani became notorious during the era of president Mahmoud Ahmadinejad, finding ways to channel hard currency from oil sales to Tehran despite financial sanctions imposed on the Islamic republic’s banks as punishment for its nuclear programme.

The trial was held in public, a rarity for such a major case in Iran, and two other accused were also convicted of “corruption on earth”, the most serious offence under the country’s criminal code, meaning they too will face the death penalty.

“The preliminary court has sentenced these three defendants to be executed, as well as paying restitution to the plaintiff,” Mohseni-Ejeie said, adding that that was the oil ministry.

They must also pay a “fine equal to one fourth of the money that was laundered”, the spokesman said, without specifying the sum.

Zanjani, who can appeal, had denied any wrongdoing, insisting that the only reason the money had not been paid to the oil ministry was that sanctions had prevented a planned transfer from taking place.

However, the case follows repeated declarations from the current government of President Hassan Rouhani that corruption and the payment of illegal commissions thrived under Ahmadinejad’s rule.

Zanjani had repeatedly said in media interviews that in return for commissions paid by Ahmadinejad’s government he was tasked with circumventing sanctions to get money back to Iran.

Source: AFP

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Eniola Badmus fires back at troll who body-shamed her

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Popular comic actress, Eniola Badmus has fired back at a troll who tried to make mockery of her body for wearing bikini.

The troll asked the actress why everything about her has fallen.

“Why everything come fall for up?,” the troll commented on the actress’s photo on LIB’s Instagram page with crying emoji.

And she replied: “Just the way your mama own fall”

The actress also complimented her own photo, writing that “looking good is a good business.”

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We Need N81 Million To Cut Grass In Abuja Stadium: Nigerian Minister

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The Minister of Youth and Sports Development, Sunday Dare has revealed that it will cost the ministry N81m to cut the grass and clear the weed that have taken over the MKO Abiola National Stadium in Abuja.

He stated this recently while speaking during the one-day seminar organised by the Sports Writers Association of Nigeria (SWAN) FCT chapter.

According to him, the ministry approached the Abuja Environmental Protection Board (AEPB) for assessment in the stadium, which was built in 2003 with N53 billion on a 29 hectares (72 acres) of land.

The stadium is divided into Package A which houses the Main Bowl and Package B which houses other facilities like basketball courts, NFF office, volleyball courts, tennis courts, squash courts.

“We approached AEPB to come see what can be done to clear the grass and weed in the stadium and they told us it will cost us N81m.

“If we tell Nigerians we used N81m which is not even available, there will be an outcry. The funds are not really there for us and that is why we are partnering with private investors to bring back the key components of our infrastructures,” he said.

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It’s smart if a man refuses to date a jobless woman in Nigeria — Leo DaSilva

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Ex-Big Brother Naija housemate, Leo Da Silva recently got internet users debating afte he waded into a conversation centered on men refusing to date women who are not financially stable.

A lady who disclosed that she’s a student, had tweeted;

I’ve seen tweets from guys saying they can’t date a girl that’s not financially stable. I’m a student. But never, like never have I felt attacked by such tweets. What’s actually up with some guys on Twitter? What I want must not make sense to you. It’s choice boo

Reacting to this, Leo stated that it’s a smart choice for young men to refuse to date jobless women. He added that guys should have their own preference just as women have theirs.

He tweeted in response;

Guys should have their own preference just as women have theirs. Dating someone that’s not working or doesn’t have adequate allowance is a burden. Nigeria, the poverty capital of the world, if a young man trying to come up refuses that burden, I think it’s a smart choice.

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