Iranian billionaire Babak Zanjani will appeal his death sentence in an oil fraud case, his lawyer said. “The sentence is not final and there is room to dispute it,” Rasoul Kouhpayezadeh told the Iranian Students News Agency on Sunday. “We will for sure appeal.” Zanjani, who has denied all wrongdoing, was accused of embezzling $2.7 billion from the state-run National Iranian Oil Co. during transactions intended to circumvent international sanctions on crude exports, according to state-run media. Oil Minister Bijan Zanganeh said in 2014 that Zanjani used the Tajikistan branch of his own bank, First Islamic Investment Bank, to funnel the money out of Iran. The embezzlement occurred under the presidency of Mahmoud Ahmadinejad, around the time when international sanctions against Iran peaked in 2012. Zanjani, who previously operated as an informal dealer at the oil ministry, was […]