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Wednesday, August 12, 2015

The Iran deal will unchain top ayatollah’s terror slush fund

Hundreds of bad actors are set to be expunged from the US Treasury’s sanctions list as a result of the Iran nuclear deal signed last month in Vienna. Yet the most high-profile among them has gone strangely unnoticed: the country’s dictator since 1989, Ali Khamenei.
According to the deal, within six to 12 months, Treasury will de-list more than three dozen banks, oil companies and other investments belonging to the Execution of Imam Khomeini’s Order, a k a EIKO. Reportedly worth more than $95 billion, EIKO is controlled by the supreme leader.
EIKO was founded with the mandate of confiscating property from individuals linked to the shah’s system after the Islamic revolution of 1979.

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