Treasury Targets Billion Dollar Foundations Controlled by Iran’s Supreme Leader https://t.co/JCoE8NKD19 The Execution of Khomeini’s Order ‘EIKO’, is the richest and highest revenue-generating enterprise controlled by Khamenei. The other is The Astan-e Qods-e Razavi Foundation.

"EIKO and AQR control large swaths of the Iranian economy, including assets expropriated from political dissidents and religious minorities, to the benefit of Supreme Leader Ali Khamenei and senior Iranian government officials." EIKO was also designated in 2013 under E.O. 13599.

EIKO, also known as SETAD, has been able to take possession of some of the most profitable and largest commercial and financial firms, thanks to the direct and daily backing of Khamenei himself. The most conservative estimate of SETAD wealth is $95 billion.

EIKO board members, handpicked by Khamenei, include mullah Hossein-Ali Nayyeri, a judge during the 1988 massacre of thousands of political prisoners; Hossein Shariatmadari, an interrogator and torturer and now Khamenei’s rep & Mohammadi Golpayegani, Khamenei’s chief of staff.

Tadbir Economic Development Group, one of EIKO’s main holding companies, and its subsidiaries own dozens of enterprises in oil, gas, refineries, petrochemicals, electronics, telecommunications, construction, mining, auto industry, and financial sectors.