BREAKING NEWS

Iran shakes up foundation controlled by Ayatollah's business empire

By REUTERS

NOVEMBER 28, 2013 20:01

LONDON - A multi-billion dollar organization controlled by Iran's supreme leader shook up the management of its charity division, appointing as its new chief a man involved in the confiscation of thousands of properties from Iranian citizens.

Aref Nozori was named director general of the Barakat Foundation, Iran's state news agency reported on Wednesday. The foundation is a unit of a massive business empire controlled by Ayatollah Ali Khamenei that is known as Setad Ejraiye Farmane Hazrate Emam.

The report by the Islamic Republic News Agency stated that Setad's president, Mohammad Mokhber, had ordered the appointment of Norozi, who once headed Setad's real-estate division and served on the boards of several Setad-linked companies.

As a result of Norozi's professional experience, the report said, "It is expected that the Barakat Foundation's activities will be more extensive than before."

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