Monday, November 11, 2013

Iran's Ayatollah Ali Khamenei May be the Richest Man In the World

"Religious leader".
Fatwah at 11.*
From Reuters Investigates:
Khamenei controls massive financial empire built on property seizures
Part 1: A Reuters investigation details a key to the supreme leader’s power: a little-known organization created to help the poor that morphed into a business juggernaut worth tens of billions of dollars.
The 82-year-old Iranian woman keeps the documents that upended her life in an old suitcase near her bed. She removes them carefully and peers at the tiny Persian script.

There's the court order authorizing the takeover of her children's three Tehran apartments in a multi-story building the family had owned for years. There's the letter announcing the sale of one of the units. And there's the notice demanding she pay rent on her own apartment on the top floor.

Pari Vahdat-e-Hagh ultimately lost her property. It was taken by an organization that is controlled by the most powerful man in Iran: Supreme Leader Ayatollah Ali Khamenei. She now lives alone in a cramped, three-room apartment in Europe, thousands of miles from Tehran.

The Persian name of the organization that hounded her for years is "Setad Ejraiye Farmane Hazrate Emam" – Headquarters for Executing the Order of the Imam. The name refers to an edict signed by the Islamic Republic's first leader, Ayatollah Ruhollah Khomeini, shortly before his death in 1989. His order spawned a new entity to manage and sell properties abandoned in the chaotic years after the 1979 Islamic Revolution.
Setad has become one of the most powerful organizations in Iran, though many Iranians, and the wider world, know very little about it. In the past six years, it has morphed into a business juggernaut that now holds stakes in nearly every sector of Iranian industry, including finance, oil, telecommunications, the production of birth-control pills and even ostrich farming.

The organization's total worth is difficult to pinpoint because of the secrecy of its accounts. But Setad's holdings of real estate, corporate stakes and other assets total about $95 billion, Reuters has calculated. That estimate is based on an analysis of statements by Setad officials, data from the Tehran Stock Exchange and company websites, and information from the U.S. Treasury Department.

Just one person controls that economic empire – Khamenei. As Iran's top cleric, he has the final say on all governmental matters. His purview includes his nation's controversial nuclear program, which was the subject of intense negotiations between Iranian and international diplomats in Geneva that ended Sunday without an agreement. It is Khamenei who will set Iran's course in the nuclear talks and other recent efforts by the new president, Hassan Rouhani, to improve relations with Washington.

The supreme leader's acolytes praise his spartan lifestyle, and point to his modest wardrobe and a threadbare carpet in his Tehran home. Reuters found no evidence that Khamenei is tapping Setad to enrich himself.

But Setad has empowered him....MORE
*Yesterday's Spectator had a story about "The 'bold, transgressive' contrarians of the arts world and the 'speak truth to power' heroes of the media":
...‘I think it’s fucked,’ she said.
So is the London art world. After she told the Danish court she would sooner go to prison than pay its 5,000 kroner (£550) fine, the indomitable Bazrafkan headed for Passion for Freedom. The annual exhibition is as close as London gets to underground art. That claim may surprise you. If you listen to artists, writers, academics and journalists, you would think that thousands of them operate in a radical underground. They say the right things. They ‘speak truth to power’, ‘transgress boundaries’, and all the rest of it. But you will have noticed that they are careful only to challenge religions that won’t hurt them (Christianity) and governments that won’t arrest them (democracies). The London-based Polish intellectuals who organise this artistic protest against abuses of human rights are braver. Passion for Freedom is not devoted to anti-Islamist art. But its curators are not frightened to show it either.

The exhibition was to open at London’s Unit 24 gallery, near Tate Modern, last Saturday. Unit 24, which boasts on its website that it is ‘fiercely independent’, pulled out with only days to go. In emails to the organisers, Unit 24 offered various justifications for wrecking a show that had taken months to arrange. ‘Enemies of the exhibition’ had made threats, and it was worried about a ‘potential terrorist attack’. Unit 24 told The Spectator it pulled the show because Passion for Freedom could not provide insurance and security.

There was no secret about its decision. But not one of the arts correspondents for the broadsheets or BBC covered the threat to an international exhibition featuring the work of dozens of artists. I have argued many times that censorship is at its most effective when no one admits it exists. The first step to freeing yourself from oppressive power is to find the courage to admit that you are afraid. The more people confess to being afraid, the less reason there is to fear and the easier it is to isolate repressive forces....
The writer, Nick Cohen, is decidedly left while his platform, The Speccie, is decidedly right.
Interesting no? I guess the whole world is getting sick of the faux-courageous crowd.