The Obama administration is gearing up to lift economic sanctions on a nearly $100 billion network of organizations belonging to Iranian Supreme Leader Ali Khamenei, according to the parameters of the recent Iranian nuclear deal.
On the day the nuclear deal is implemented, the United States will lift sanctions on Khamenei’s financial empire, which comprises a large network of foundations and companies that personally enrich the Islamic Republic’s leader.
The removal of these sanctions will likely “pump tens of billions of dollars into the supreme leader’s personal coffers, helping him secure his grip on the Iranian people, and bolstering Iran’s ability to promote its agenda abroad,” according to a recent analysis from the Foundation for Defense of Democracies.
Iran is poised to receive billions of dollars in sanctions relief under the deal and will also see restrictions on its Revolutionary Guards Corps waived.
U.S. lawmakers and critics of the deal maintain that Iran will use this money and newfound freedom to boost its rogue activities in the region and fund terrorist proxy groups, such as Hezbollah.
A comprehensive reading of the agreement also reveals that the United States agreed to waive sanctions on the conglomerate at the center of Khamenei’s financial empire, known as the Headquarters for the Execution of Imam Khomeini’s Order, or EIKO.
According to analysts at the foundation, “of all the sanctions to be lifted in last week’s Iran nuclear agreement, few are more significant” than those applying to EIKO.
Since its creation in 1989 by Khamenei’s predecessor, the Ayatollah Ruhollah Khomeini, the EIKO “has grown into a vast business conglomerate—everything from agriculture to leisure resorts, parking lots and residential complexes—but one that remains unknown to many Iran watchers and even most Iranians,” according to the foundation.
Read more: http://freebeacon.com/national-security/u-s-to-lift-sanctions-on-khameneis-financial-empire/