Posts Tagged ‘IRGC’


Memo says IRGC will take over Iran’s banks

June 17, 2013

Iranian dissident Amir Hossein Jahanchahi has released documents outlining economic plans approved by Iran’s national security council for an imminent transfer of management of the Central Bank of Iran to the Islamic Revolutionary Guard Corps.  The authenticity of the documents has yet to be publicly verified.

One memo, translated from Farsi, instructs “The CBI and IRGC to prepare an urgent plan for an orderly transfer of responsibility for running the entire banking system to the IRGC.”

Another document entitled “Operational Measures to Combat the Country’s Economic Crisis” calls for the “drafting of an emergency plan for transferring the country’s banking system to the IRGC.”

The website Vocativ has described mounting problems with Iran’s banking system and these leaked documents and makes some helpful observations, but erroneously describes the proposed transfer of power from the CBI to the IRGC as a contingency plan in the event of civil unrest.  The memoranda, if true, actually instruct the CBI and IRGC to plan for the transfer as a necessary step in the implementation of drastic new measures that Iran will adopt to save its crumbling economy.  Time will tell if the documents are forgeries or real.

Thanks to El Grillo for sending this in.


Ten biggest terror finance news stories of 2012

December 31, 2012
  1. Taliban funding remains intact despite international sanctions
    Reports in 2012 revealed that the Taliban’s funding remains intact, that none of the Taliban’s assets have been blocked by U.S. sanctions, that the Taliban retains its taxing authority over Afghans, and that the UN sanctions only 18 percent of the Taliban’s provincial shadow governors in Afghanistan.
  2. Islamic charities remain top terror financiers
    It’s questionable to even call this “news,” but understanding the role of Muslim charities in funding jihad, of which we saw multiple examples throughout 2012, is the Rosetta stone to bankrupting terrorism.  Instances of Muslim charities behaving badly cropped up, and in some cases have worsened, in both in the Middle East and in the West this year.In the Islamic world, the Saudi charitable foundation IIRO, whose branches in Indonesia and the Philippines were previously blacklisted by the U.S. for funding terrorism, is opening seven new branch offices.  In Bangladesh, the chief of the terrorist organization Jamatul Mujahideen Bangladesh (JMB) revealed that Muslim Aid, WAMY, the Muslim World League, the Qatari Charitable Society, and the Revival of Islamic Heritage Society, are among the primary donors to his jihad.  Read the rest of this entry ?

Time Magazine: IRGC strengthened by sanctions

September 28, 2012

We are seeing a similar pattern with the sanctions regime against Iran that we saw with Iraq:  the sanctions harm the economy broadly and make the population of the country more reliant on the dictatorial regime itself.

This new video from Time shows the observations of the magazine’s diplomatic correspondent who reports that the Iranian Revolutionary Guard Corps has become stronger and more respected within Iran:

The sanctions were supposed to stop Iran’s nuclear program.  But it appears to be backfiring and stiffening Iranian spines.


Mack: Venezuela is state sponsor of terror

August 24, 2011

Chavez aims, but Mack hits the target

U.S. Rep. Connie Mack (R-FL) says what we should do is declare “Venezuela as a state sponsor of terrorism due to its continued material and financial support of the Revolutionary Armed Forces of Colombia (FARC), Hezbollah, the National Liberation Army (ELN), and the Iranian Revolutionary Guard Corps (IRGC).”

The allegation from a sitting congressman that Venezuela is funding Hezbollah and the IRGC has scarcely been covered by the media, but it should be.  From Rep. Mack’s press release (with a hat tip to La Gaceta):

WASHINGTON – Chairman of the Western Hemisphere Subcommittee Connie Mack (Fl-14) today pushed five amendments in a full committee mark up of The Foreign Relations Authorization Act, Fiscal Year 2012 to bring fiscal discipline to the nation’s foreign policy and cease aid to those countries which harm America’s freedom and security.

Mack’s five amendments would:

  • Eliminate foreign aid funds for Argentina, Venezuela, Nicaragua, Ecuador, and Boliviia
  • Cease U.S. contributions to the Organization of American States.
  • Eliminate U.S. funding for Global Climate Change Initiative Activities.
  • Establish a Congressional recorded vote which states “The delay in the authorization of the Presidential Permit is threatening the economic and national security benefits of the Keystone XL Pipeline.”
  • Name Venezuela as a state sponsor of terrorism due to its continued material and financial support of the Revolutionary ArmedForces of Colombia (FARC), Hezbollah, the National Liberation Army (ELN), and the Iranian Revolutionary Guard Corps (IRGC).

Mack stated:  “Let’s engage our allies and friends, but let’s not continue to support organizations and countries that perpetuate destruction of freedom and democracy,” Mack said.

“With our financial house in disarray in our homeland, the least the Congress and the President can do is streamline our foreign dollars to our allies and engage in efforts to improve our economy at home; such as, the immediate passage of the pending Free Trade Agreements with Colombia and Panama.  Additionally, with American businesses saddled with environmental protections already, other countries should do their part to improve the global climate, not just the U.S.” Mack added.


Get every new post delivered to your Inbox.

Join 4,866 other followers