Iranian businessman denies his M'sian bank or other companies work for Iran govt

DUBAI: An ranian businessman, named by the European Union for breaching sanctions against Iran, denied any wrongdoing on Sunday, saying his bank and other companies did not work for the Iranian government.

"This is a mistake," Babak Zanjani told Reuters, speaking in his office in a high-rise tower in a financial district of Dubai a day after the sanctions came into force.