Insight - Iranian nuclear deal set to make hardline Revolutionary Guards richer


  • World
  • Tuesday, 07 Jul 2015

Members of the revolutionary guard attend the anniversary ceremony of Iran's Islamic Revolution at the Khomeini shrine in the Behesht Zahra cemetery, south of Tehran, February 1, 2012. REUTERS/Raheb Homavandi

VIENNA (Reuters) - Iran's elite Revolutionary Guards have done very well out of international sanctions -- and if a nuclear deal is done in Vienna this week under which those sanctions are lifted, they are likely to do better still.

The Revolutionary Guards Corps (IRGC), created by Ayatollah Ruhollah Khomeini during Iran's 1979 Islamic Revolution, is more than just a military force. It is also an industrial empire with political clout that has grown exponentially in the last decade, benefiting from the favour of former president Mahmoud Ahmadinejad, himself a former guardsman and, most recently, from the opportunities created by Western sanctions.

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