NEW YORK, Aug 8, 2011 (IPS) - Last week’s appointment of a ranking member of Iran’s influential Revolutionary Guard Corps (IRGC) as the country’s new oil minister could lead to a more unaccountable and unpredictable military with greater influence on the government in Tehran, analysts say.
The IRGC currently controls Iran’s most powerful intelligence- security arm, which played a key role in the post-election crackdown of 2008 and the intimidation, arrests and imprisonment of hundreds of political dissidents.
It has built up a sprawling business empire since the 1979 Revolution, with annual revenues estimated at some 12 billion dollars and investments in sectors ranging from oil, gas and petrochemicals to cars, bridges and roads. It also controls the paramilitary Basij militia. Read more