Pasargad Bank is a major Iranian privately controlled bank, is affiliated with “bad elements” in the Iranian Regime, namely the IRGC and Khamenai’s economic empire.
Pasargad Bank was designated by the department of the Treasury’s Office of Foreign Assets Control (OFAC) in 2012 and later in 2016 sanctions were remvoed.
Some of the Pasargad Bank shareholders are entities that are connected to the terrorist organization IRGC (The Islamic Revolutionary Guard Corps).
Bank Pasargad shareholders:
| Name | % of shares | Affiliation | Info |
|---|---|---|---|
| Pars Aryan Investment Company | 9.84% | Bank Pasargad Controls the Company | Hamqadam Investment Company, which is controlled by Sam Group, is a member of the Board of Directors |
| Saman Majd Investment Company | 4.94% | A subsidiary of Samen Credit Institution | Samen Credit institute is a subsidiary of Bonyad Sepah |
| Sam Group Company | 3.75% | Hamid Reza and Hashem Nia | Holds a monopoly on importing Samsung appliances in Iran |
| Milad Gostar No Avaran Company | 3.7% | Affiliated with Pasargad Bank | Two of Milad Gostar’s board members, Yosef Zalfi (vice Chairman of the board) and Behnam Naseri Nejad (chairman of the board) are also staff members of some of Pasargad Bank’s Subsidiaries |
| Kharazmi Investment Company | 3.64% | Ghadir Investment Company is the majority shareholder in Kharazmi Investment Company | Ghadir Investment Company is controlled by IRGC |
| Tamin Atiye Human Resources Pasargad Financial Group Company | 2.75% | A subsidiary of Bank Pasargad | |
| Setareh-ye Mansubi | 2.59% | Private person | |
| Binash Pajuh Iranian | 2.59% | Privately owned company | Also shareholder in Karafarin Bank |
| Salin Investment Consultant Company | 2.54% | EIKO | Also shareholder in Karafarin Bank |
| Shahab Omid Iranian Company | 2.3% | Affiliated with Bank Pasargad | The Company’s chairman of the board of directors Yusuf Zulfi is also Pasargad Insurance’s director of Human resource |
| Hamqadam Trading Company | 2.25% | Controlled by Sam Group | |
| Bank Employees, duty, disability and savings Pension fund | 2.24% | Iran Khodro | |
| Atiyeh Omid Welfare Institute | 1.88% | EIKO’s welfare organization | |
| Kosar Cooperation Institute | 1.58% | A subsidiary of Bank Melii | Kosar Cooperation Institute, one of Pasargad Bank’s shareholder and a subsidiary of Meli Bank, was involved in the early 2000’s in one of the first big corruption scandals in Iran. According to reports, the shares of several of Bank Meli’s companies were illegally transferred to a non-governmental entity – Kosar Cooperation Institute which at the time was a subsidiary of Astan Qods-e Razavi. All the defendants were acquitted |
| Saba Development and Management Company | 1.56% | A subsidiary of the ministry of Energy | |
| Pooshesh Tamin Atiye Building Company | 1.04% | ||
| Andisheh Sazan Basaman Vendad | 1.03% | ||
| Bareqeh Omid Iranian Company | 1.03% | Iran Khodro |
Picture of Bank Pasargad shareholders:
Bank Pasargad Shareholders
Source » Pasargad