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I was aware of the IRGC graft. I tried to check the amounts normalized for % of GDP. Conservative estimates put them at half of the 2% GDP military spend. How
by caminante 7mo ago
I was aware of the IRGC graft.
I tried to check the amounts normalized for % of GDP.
Conservative estimates put them at half of the 2% GDP military spend. However, the IRGC's tentacles are also estimated to siphon off something like +50% of the GDP.[0]
Not all of that money's going to military hardware, but they have a substantial slush fund and use the Iranian resource base as a military piggy bank.
[0]https://fortune.com/2026/03/02/iran-islamic-revolutionary-guard-irgc-business-empire-economy-us-israel-bombing/ https://fortune.com/2026/03/02/iran-islamic-revolutionary-gu...
- 01100011 7mo agoNot just that, but the IRGC cronies have massive overseas investments bought with stolen money: https://www.transparency.org.uk/news/londons-role-irans-financial-networks-and-why-it-matters-now https://www.transparency.org.uk/news/londons-role-irans-fina...