The recent ascension of Mojtaba Khamenei as Iran’s supreme leader marks a significant shift in the regime’s structure, with implications for global finance. His rise is accompanied by revelations of vast wealth, suggesting a transition from a revolutionary theocracy to a kleptocracy, where power and wealth are concentrated among a small elite.
This kleptocratic system is underpinned by the Islamic Revolutionary Guards Corps (IRGC), which has developed commercial enterprises that exploit state re
Sources
Radio Free Europe/Radio Liberty

