The Actual News

Stay informed without the news wearing you out.

Revealed: billionaire Reform donor was in business with foundation linked to Iranian regime

Revealed: billionaire Reform donor was in business with foundation linked to Iranian regime

Summary

A billionaire donor to Nigel Farage’s Reform UK party, Hossein Ghandehari, was involved in a business with an Iranian religious foundation linked to Iran’s supreme leader. The business was a joint venture to build telecoms infrastructure in Iran, which ended in 2016 as hardline officials took over. Ghandehari’s lawyers say his involvement aimed to encourage political change in Iran.

Key Facts

  • Hossein Ghandehari, an Iranian-born British businessman, pledged millions to Reform UK and donated £50,000 to Nigel Farage.
  • Ghandehari’s investment fund, HP Trust, was a major owner of a joint venture to build fibre-optic cables in Iran from 2013 to 2016.
  • The joint venture was partly owned by Astan Quds Razavi (AQR), a powerful religious foundation in Iran linked to Supreme Leader Ali Khamenei.
  • AQR has been sanctioned by the US for controlling large parts of Iran’s economy with ties to the supreme leader and government officials.
  • Ghandehari’s business ties included John Richard Simpson, another Reform UK donor whose firm worked for Ghandehari’s family.
  • The business partnership ended when hardline leaders replaced the previous AQR custodian in 2016.
  • Ghandehari’s lawyers say he faced false allegations by Iran’s security council after 2016 and that his goal was to increase access to information in Iran.
  • Nigel Farage has publicly criticized Iran as a major security threat to the UK.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.

Monday's biggest stories, one calm email.