Iran Economy NewsIRGC Tries to Steal From Iran’s Car Industry

IRGC Tries to Steal From Iran’s Car Industry

-

Iran's auto industry

By Jubin Katiraie

The Revolutionary Guard Corps (IRGC) in Iran in a vast terrorist militia that steals from the Iranian people at every possible opportunity; monopolizing various fields, including construction and oil, as well as smuggling cheap goods without paying the proper tax.

Not only that but they extract various benefits from the government, such as government rents, audit exemptions, and not being answerable except for Supreme Leader Ali Khamenei.

Now, following an unprecedented economic collapse that was made worse by the coronavirus, the IRGC wants to target the automotive industry, which is worth some $15 billion. 

It all started on May 6, when Khamenei said that the people able to produce a satellite would certainly be able to handle car production.

Then, on May 28, IRGC Aerospace Forces commander Brigadier General Amir Ali Hajizadeh visited the Iran Khodro factory, which started the ball rolling on the production of low-fuel cars.

Following that, Hajizadeh announced that the country’s economy and industry needed help, during a joint meeting with the Acting of the Ministry of Industry, Mines and Trade and CEOs of the automotive industry, and said that they would now be cooperating to increase quality while reducing costs and fuel consumption, as well as localizing the industry.

Hossein Modarres Khiabani, the Caretaker of the Ministry of Industry, Mines and Trade, said: “In the two sectors of military and civilian industries, there are considerable capabilities that in some cases the two sides do not know enough about these capacities and therefore, it is necessary to create a link between these two parts… We are using technology and facilities in the field of missiles that are related to the automotive industry.”

While the IRGC has not yet announced car manufacturing activities, there have been several suggestions over the military entering the automotive industry in recent years, including in November 2019 when Manouchehr Manteghi, former Iran Khodro CEO, suggested that the shares of car companies, Saipa and Iran Khodro, be transferred to the IRGC Cooperative Foundation.

On May 19, these two companies stated in a report that the involvement of security agencies had increased their corruption and losses. 

The Iranian Resistance wrote: “It is clear that in the era of the bankruptcy of the regime’s economy and the impact of economic sanctions, especially on institutions and companies affiliated with the IRGC due to terrorist and nuclear activities and warmongering in the region, now the octopus of the IRGC intends to devour the country’s half-dead automotive industry.”

 

Read More:

Iran Hospitals Under IRGC Control

Latest news

Iranian Women’s Resistance: Beyond the Veil of Hijab Enforcement

These days streets and alleys of Iran are witnessing the harassment and persecution of women by police patrols under...

Fabricated Statistics in Iran’s Economy

While Iranian regime President Ebrahim Raisi and the government's economic team accuse critics of ignorance and fabricating statistics, Farshad...

Iran’s Teachers Working at Low Wages and Without Insurance

While pressures on teachers' activists by the Iranian regime continue, the regime’s Ham-Mihan newspaper has published a report examining...

House Rent Prices at Record High in Iran

After claims by Ehsan Khandouzi, the Minister of Economy of the Iranian regime, regarding the government's optimal performance in...

Why Nurses in Iran Migrate or Commit Suicide

This year, the issue of suicide among Iran's healthcare personnel resurfaced with the death of a young cardiac specialist...

Farmers Resume Protests in Isfahan, Education Workers Protest Low Wages

Economic protests in Iran on Monday, April 15, continued with farmers gathering in Isfahan province (central Iran) and school...

Must read

Hezbollah Commander Was Killed by Rival IRGC Affiliate, Quds Force Chief

Iran Focus London, 10 Mar - Hassan Nasrallah, a leading...

21 Kolbars Killed in Iran Since March

By Jubin Katiraie Iranian border guards have shot dead...

You might also likeRELATED
Recommended to you