January 29, 2015 | Quote

Iranian President to Tax-Exempt Groups: Pay Up


Setad’s assets are valued at about $90 billion and include three oil companies. The Guards’ construction wing is now the biggest engineering company in Iran. Astan Qods Razavi controls 44 companies and has stakes in another 60. “The accounts of the Guards’ financial entities are like a black box,” says Saeed Ghasseminejad, a researcher on Iran at the Foundation for Defense of Democracies, a Washington-based think tank. “The government has no idea as to what goes on there.”

Read full article here.

Issues:

Iran