Thursday, July 9, 2015

IRAN -Iranian nuclear deal set to make IRGC richer - Reuters

A possible nuclear deal between the world powers and the Iranian regime could make the regime's Revolutionary Guards significantly richer, Reuters reported on Monday.
"Iran's elite Revolutionary Guards have done very well out of international sanctions -- and if a nuclear deal is done in Vienna this week under which those sanctions are lifted, they are likely to do better still," the report said.
The Islamic Revolutionary Guards Corps (IRGC), created by Khomeini during Iran's 1979 Islamic Revolution, is more than just a military force; it is also an industrial empire with political clout that has grown exponentially in the last decade.
A Western diplomat who follows Iran closely told Reuters that the IRGC's recent annual turnover from all of its business activities was estimated to be around $10-12 billion.

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