U.S. to Lift Sanctions on Khamenei’s Financial Empire
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.
