Here’s how Khamenei’s financial empire permeated the Iranian economy

Asma Lamnawar wrote on Tuesday September 22, 2020 04:16 PM – A news report published by the opposition site “Iran Wire”, today Tuesday, revealed the information and the most prominent lines about Khamenei’s economic empire in Iran, despite the great ambiguity surrounding the structure of this empire and the identity of the companies subject to the authority of the Supreme Leader. According to Iranian affairs observers.

The report stated, as reported by “Irm”, that the “confiscation” by the Iranian regime of many funds and properties, whether from the family of the late Shah, Mohammad Reza Pahlavi, or from businessmen and wealthy people after the Iranian revolution, was the nucleus for establishing Khamenei’s economic empire.

He claimed that the confiscation by the Iranian regime of the assets and institutions of the royal family began during the era of the founder of the regime, Ayatollah Khomeini, as this confiscation was carried out in the form of government institutions that were nationalized, always that their income be generated by the poor and needy in Iran.

password

The report said: “After Khomeini’s death, and Khamenei assumed the leading position of Iran, the regime began to establish a great institution called (The Institution for the Execution of the Orders of Imam Khomeini), until today this institution it became the password for the economic activities of the regime, especially the Iranian guide. ”

The website of the opposition confirmed that “Khamenei was not satisfied with the aforementioned institution, but expanded into many economic activities, despite the enormity of the companies and organizations included in the Khomeini Foundation, which had 9 organizations, including Highlights (Astin Quds Razavi) It is the body in charge of managing the institutions and donations of the Imam Reza shrine in Mashhad.

The report noted that the economic group, supervised by Khamenei, began to penetrate various sectors in Iran, until it became a major financial empire that competes with the Iranian national economy.

He revealed that “the structure of the Khamenei empire does not enjoy any transparency, since it does not provide any data or clear figures to the public opinion about the size of the activities and projects it manages, nor does it allow government oversight agencies control any reports on their activities. ”

According to expert estimates, “Khamenei’s economic empire includes some 200 companies operating in various economic and service sectors, and its capital reaches about $ 95 billion.”

Vital projects

He noted that Khamenei’s financial empire controls vital projects in most major sectors in Iran, the most important of which are: oil and telecommunications, real estate, petrochemical and phosphate industries, mining companies and even pharmaceuticals.

He continued: “As for the sector that Khamenei controls in particular in the Iranian economy in recent years, it is the financial and investment services sector, as Khamenei companies in this sector have been acquiring foreign deals or projects in Iran.” .

The report reiterated the most prominent statements by Iranian politicians and officials on the size of the revolution and the capital of Khamenei’s economic institutions, including reformist politician Behzad Nabawi, who stated that “the activities of Khamenei’s financial empire show that it controls 60% of the country’s GDP “.

However, the oversight affairs official of the Iranian Leader’s Office, Muhammad Javad Irwani, announced that the share of Khamenei institutions and enterprises in Iran’s economy is less than 8% of the national economy. It is a figure that Iranians were met with denial and cynicism for their lack of conformity with reality, according to the report.