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Tuesday, April 14, 2015

Khamenei’s Choice to Head Powerful Charity Bolsters the IRGC

Iran’s Supreme Leader Ayatollah Ali Khamenei appointed Parviz Fattah as the new head of the Imam Khomeini Relief Foundation (IKRF) last weekend. Fattah, previously the top manager of the Islamic Revolutionary Guard Corps’ (IRGC) largest investment portfolio, will assume over a multi-billion dollar foundation hitherto controlled by Iran’s traditional conservative party, the Islamic Coalition Party. The move – which went virtually unnoticed amidst the fanfare surrounding the nuclear framework announcement earlier this month – has vast political significance...

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