Shahram Jazayeri

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Country: Iran

About Shahram Jazayeri
Shahram Jazayeri-Arab is an Iranian entrepreneur and businessman involved in a high-profile "corruption case" with several officials of the Islamic republic. He was also involved in fabricating official documents. He had close ties with several high ranking reformist clerics. Jazayeri-Arab was taken into custody in 2001, at the age of 24, for a long-list of criminal activities involving bribery, illegal exports, forgery and massive embezzlement of state money and assets.In this time he was a Student in Theran his total wealth was at this time near $989,000,000. The cases of Jazayeri-Arab raised questions about the Iranian government's desire to deal seriously with corruption. Jazayeri-Arab was convicted in 2002 in a major corruption case involving 50 defendants, many of them sons of prominent clerics. In September 2004, his 27-year prison sentence was partially overturned, and he was occasionally released from prison on leave. Jazayeri-Arab paid huge amounts of money to the Iranian parliament members. He has confessed to have paid about $15,600,000 to Hadi Khamenei, the Iran Supreme leader’s reformist brother, and about $5,800,000 to Mehdi Karroubi, former Majlis speaker without requesting anything in return. Reportedly, he was arrested after he sent a large check to Iran Supreme leader’s office which was about $35,000,000. In 21 February 2007, Iran's Special Judicial Complex for economic affairs declared that Shahram Jazayeri-Arab has escaped, while being transferred to a court-assigned financial expert committee. He must have become help from the government , because it is something impossible to escape from that prison. Hossein Shariatmadari of Kayhan newspaper wrote an article supporting the theory that those clerics were trying to cover-up the case. Following the escape controversy, the head of Judiciary, Mahmoud Hashemi Shahroudi, fired a number of those responsible in the case, including the head of Evin prison and a few judges, and ordered an opening of a case in the military court for the judges. On March 19, 2007 Iran's head of intelligence agency confirmed that Jazayeri-Arab was arrested in an unnamed location in the Arabian Peninsula. His hiding location is said to be a remote village in Oman. Unlike ordinary prisoners in Iran, Jazayeri-Arab had access to a laptop and two mobile phones and is living in luxury in prison and continued his business works overseas. In February 2007, Jazayeri-Arab was sentenced to 61,861,200 US dollars and 14 years of prison. In year 2008 he was seen several times in Dubai.

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Iran CEOs & Businessmen Ranking

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Rank Name Total
1. Bijan Pakzad 14305
2. Omid kordestani 10776
3. Noori Hamedani 3626
4. P. Morad Omidyar 2090
5. Shahram Jazayeri 304
6. Mohammad Yazdi 272
7. Hossein Hedayati 251
8. Maziar 208
9. Hossein Sabet 157
10. Mahdavi Kani 62

CEOs & Businessmen Ranking

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Rank Name Total
88. Sergey Brin 312
89. Ahmet Nazif Zorlu 310
90. Talal Abu-Ghazaleh 310
91. Alaa Mubarak 305
92. Shahram Jazayeri 304
93. Mohammad Yazdi 272
94. K. Manglam Birla 260
95. Said Khoury 256
96. Yousuf Ali M.A. 253

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