IRAN: The Rise of the Revolutionary Guards’ Financial Empire () von NCRI U.S. Representative Office

Executive Summary

Introduction

The “Constitutional” Backdrop

The Majlis (Parliament) Provides Legislative License

An Economic Behemoth Wreaking Havoc

“The Cat Ate Mazandaran”

Closing Ranks

Profound Restructuring Of Iran's Economy

The Year 2005, a Watershed Moment:

Expropriation of State-owned Enterprises

The 14 Powerhouses

Devouring the Financial Markets

Economic Transformation by Subsidy Cuts

Historic Example

Expropriating the People's Wealth through Subsidy Cuts

The Means to One End: Survival of the Velayat-e Faqih

Where Do the Profits End Up?

Costs of the War in Syria

Meddling and Terrorism in Iraq

The War in Yemen

Other Terrorist Activities

The Nuclear Program

The Missile Program

Ongoing Security, Military and Fundamentalist Operations

An Economy Allocated to Terrorism, Suppression and Warmongering

Is There a Path to Reform?

From "Synergy" to Disintegration

A Regime Left Isolated and Unstable

The New Economic Structure: A Mind-boggling Conglomerate of 14 Powerhouses

1 – SETAD-E EJRAIY-E FARMAN-E HAZRAT-E EMAM

2. BONYAD-E MOSTAZAFAN

3. ASTAN-E QODS-E RAZAVI

4. BONYAD-E SHAHID (MARTYR)

5. EMDAD (RELIEF) COMMITTEE

6. IRGC COOPERATIVE FOUNDATION

7. KHATAM AL-ANBIYA CONSTRUCTION HEADQUARTERS

8. BASSIJ COOPERATIVE FOUNDATION

9. GHADIR INVESTMENT COMPANY

10. ARMED FORCES SOCIAL WELFARE INVESTMENT ORGANIZATION (SATA)

11. KHATAM AL-OSIA HEADQUARTERS

12. STATE SECURITY FORCES (NAJA) COOPERATIVE FOUNDATION

13. ARMY COOPERATIVE FOUNDATION (BTAJA)

14. JOINT CHIEFS OF THE ARMED FORCES COOPERATIVE FOUNDATION (VDJA)

Dealing with Iran: Internal Knots and External Obstacles

1. Domestic Challenges

The Supremacy of the Supreme Leader

Political Strife

Financial Instability

Pervasive Corruption

Lack of Competition and Obstructive Regulations

Recession and Bankruptcy

2. Foreign Obstacles

Insurmountable Risks

Threats and Restrictions

Conclusion

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