Bonyad Taavon Sepah

Status:
Top Alert – Entity sanctioned for terror, WMD and human rights violation

Info:
Bonyad Taavon Sepah is formed by the Commanders of the IRGC to structure the IRGC’s investments and it is controlled by the designated IRGC;

IRGC (Iran Revolutionary Guard Corps) is military organization in Iran, considered separate from the regular armed forces, it’s main activity is supplying weapons, money and missiles to terrorist organizations, destabilize other countries, involved in planning and support for terrorist acts and groups, personnel of IRGC is sanctioned for missile and nuclear proliferation activities;

Bonyad Taavon Sepah’s Board of Trustees is composed of nine members, of whom eight are IRGC members:
The nine-member Board of Trustees is comprised of the IRGC Commander in Chief (chairman), Supreme Leader’s representative to the IRGC, Basij commander, IRGC Ground Forces commander, IRGC Air Force commander, IRGC Navy commander, head of the IRGC Information Security Organization, a senior IRGC officer from the Armed Forces General Staff, and a senior IRGC officer from the Ministry of Defense Armed Forces Logistics (MODAFL);

Bonyad Taavon Sepah formed Ansar Bank and Mehr Bank, wholly-owns Kesht va Sanaat Shadab Khorasan, Khadamat Havai Pars, and Maede;

Subsidiaries reportedly include the Tawse’e-ye E’temad and the Shahriar-e Mehestan investment companies;

Owns equity stakes in Bahman Group (45%) and Kermanshah Petrochemical Plant (25%), affiliated with the Sabrin Horizon Development Engineering Company, which reportedly imports satellite jamming devices;

Known as:
Bonyad-e Ta’avon-e
IRGC Cooperative Foundation
Sepah Cooperative Foundation

Established:
1986

Country:
Iran

Address:
Niayes Highway, Seoul Street, Tehran, Iran

Person of interests:
Mehrdad Bazrpash (Deputy Director);
Parviz Fattah;

Reason for the color:
» Listed by the European Union on May 23, 2011 as an entity linked to Iran’s proliferation-sensitive nuclear activities or Iran’s development of nuclear weapon delivery systems;
» On December 21, 2010, added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC);

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