Info:
Negin Sahel Royal is Iranian-based Investment Company;
OFAC designated Negin Sahel Royal Investment Company for being owned or controlled by Mehr Eqtesad Iranian Investment Company;
According to U.S. Treasury:
Iran Tractor Manufacturing Company (ITMC), the largest tractor manufacturer in the Middle East and North Africa was established in 1968 and predates Iran’s 1979 revolution and the creation of the Basij. However, ITMC is now owned by Mehr Eqtesad Iranian Investment Company and its Negin Sahel Royal Company, generating millions of dollars in profit for the investment firms that represent the economic agenda of the Basij and its Bonyad Taavon Basij;
Mehr Eqtesad Iranian Investment Company, acts as an intermediary for the economic entrenchment of the Basij and Bonyad Taavon Basij, both connected to IRGC;
Negin Sahel Royal Investment Company is mentioned in some reports as shareholder of sanctioned Bahman Group;
Industry:
Investment Services
Also Known As:
Negin Sahel Royal Co.
Negin Sahel Royal
Negin Sahel Royal Company
Negin Sahel Royal (LLC)
Sherkate Negin Saahele Royal
Country:
Iran
Address:
No. 48, 14th Street, Ahmad Ghasir Avenue, Argentina Square, Tehran, Iran
National ID No.:
10103589144 (Iran)
Registration Number:
322430 (Iran)
Operational Scheme:
Bonyad support network IRGC’s financial lifeline