Iran's Supreme Leader has appointed a heavily sanctioned ex-IRGC member to head the Execution of Imam Khomeini's Order (EIKO), a vast economic conglomerate under his personal control. Parviz Fattah ...
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Bonyad Taavon Sepah – Involved In
Britain imposes sanctions on Iranian Revolutionary Guard officials
Britain on Monday sanctioned senior officials from the Islamic Revolutionary Guard Corps (IRGC), including those who it said were responsible for managing the group's financial investments.
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U.S., EU, UK impose new sanctions on Iran over protest crackdown
Iran accuses Western powers of fomenting the unrest, which security forces have met with deadly violence. The United States targeted the powerful Islamic Revolutionary Guard Corps (IRGC) and senior ...
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A deep dive Into Iranian Bonyads and how they work
For decades, Iran’s post-revolutionary governments have perpetuated a culture of opacity in political and economic dealings. This culture was exacerbated by Iran’s new ruling elites 1, who in their ...
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The making of a shadow economy
An insider’s testimony about the genesis of bonyads and the dynamics of Iran’s pseudo-privatization
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Government-linked institutions in Iran do not pay taxes
For several years now, the regime has been meager cash handouts as a subsidy to the low-income branches of the society. This is about $1.70 a month.
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