Bonyad Taavon Sepah

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

Info:
Formed by the Commanders of the IRGC to structure the IRGC’s investments;

Bonyad Taavon Sepah controlled by the designatated IRGC;

Bonyad Taavon Sepah’s Board of Trustees is composed of nine members, of whom eight are IRGC members;

Bonyad Taavon Sepah formed Ansar Bank and Mehr Bank;

Bonyad Taavon Sepah owns equity stakes in Bahman Group (45%);

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 )

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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