One Year after the Nuclear Deal, Iran remains leading financier of terrorism worldwide
on May 12, 2016
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One year after the Obama-backed Nuclear Deal came into effect, Islamic Republic of Iran remains the leading sponsor of international terrorism, says a policy paper published by British policy think-tank Henry Jackson Society. According to the report released on Wednesday at the House of Lords in London, Iran maintains a large and lucrative illegal financing network to bypass the remaining sanction that are in place to stop Tehran from funding terrorist outfits and regime.
The report quotes an economist close to current Iranian regime describing the extent of the network, stating that “between 5,000-10,000 people worked in the [illicit financing] network, handling deals worth between $300 billion and $400 billion over the past decade.” Even after easing of sanction by the U.S. and the West, Iran seems to have no intention of giving up this illicit financing network which also acts as a lucrative source of income for the members of the military and the regime.





