Risk Level:
89% May harm your business future;

This entity is connected with designated / sanctioned entities who are helping Iranian Regime Terrorist Activities & development of WMD

Status:
High Alert – Entity affiliated with Designated / Sanctioned / Illicit entities

Info:
Yas Holding Company – reported to belong to the Revolutionary Guards’ Cooperative Foundation. In recent years the holding company has played an important role in banknote forgery, smuggling, and financing Iranian, Afghan, Pakistani, Iraqi and Lebanese fighters in the Syrian civil war. Although it was announced that the holding company was dissolved in 2017, it appears to have resumed its activities under the name of several other companies, including the Yas Investment Company;

Yas Holding is known for its involvement in major financial corruption cases including a 130 trillion rial case revealed by former government spokesman Abdollah Ramezanzadeh. In another case, Yas forced the state television IRIB to give it the exclusive rights to control television advertising. However, Yas had to withdraw from that contract after other corrupt dealings were revealed;

The three leading figures in the management of Yas are Jamal Aberumand, a former IRGC Deputy Commander, Massoud Mehrdadi, a deputy to the IRGC Cooperative Foundation and Mahmoud Seif who is known for his role in smuggling weapons and forging bank notes on behalf of the IRGC;

Insiders believe former IRGC Commander Mohammad Ali Jafari may have been removed from his post after corruption cases in Yas Holding were revealed. Unlike other former IRGC Commanders, Khamenei did not appoint him as his military adviser;

Since 2018 there have been reports about reshuffling of managers and transferring them between Yas Holding and the ultra-rich Executive Headquarters that operates under Khamenei’s office. However, no details are available about those transfers;

However, the general assumption is that as a result of these developments parts of the assets of Yas will be transferred to the Executive Headquarters and Khamenei’s office. This will give further opportunities to the institutions operating under the Supreme Leader of to go ahead with its non-transparent economic activities and further expand its financial empire;

Subsidiaries
Yas Investment Company

Also Known As:
Yas Holding Company
Yas Holding Co.

Country:
Iran

Reason for the color:
» Iran’s IRGC Trying Illegally To Take Ownership Of Major Steel Producer;


You May Be Interested

IFMAT Color Guide

×
We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.