Topic summary
IRGC
Extracted from the Wikipedia article Islamic Revolutionary Guard Corps.
Economic activity
IRGC first expanded into commercial activity through informal social networking of veterans and former officials. IRGC officials confiscated assets of many refugees who had fled Iran after the fall of Abolhassan Banisadr's government. It is now a vast conglomerate, controlling Iran's missile batteries and nuclear program but also a multibillion-dollar business empire reaching almost all economic sectors. Estimates of the fraction of Iran's economy that it controls through a series of subsidiaries and trusts vary from 10% to over 50%.