Gov’t of Iran Operates in New York City – June 14, 2009
Iran seems to be operating a front charity organization on Fifth Avenue in New York!
650 Fifth Avenue, New York City, New York 10103
http://www.usdoj.gov/usao/nys/pressreleases/May09/Jahedi,%20Farshid%20Indictm… United States Dept. of Justice, U.S. Attorney Southern District of New York, Press Release, May 6, 2009 Visit the link to read the entire three-page document.
“As previously made public in the Complaint filed in this matter, the Alavi Foundation is a successor organization of the Pahlavi Foundation, a non-profit organization originally operated by the Shah of Iran to pursue Iran’s charitable interests in the United States.
In the 1970s, the Pahlavi Foundation constructed an office tower (the “Building”), located at 650 Fifth Avenue, New York, New York. A substantial loan from Bank Melli Iran (“Bank Melli”), a state-owned bank in Iran, financed the construction of the Building. Remember that “state-owned” means the Iranian government owns this bank.
In 1989, the Alavi Foundation, in partnership with Bank Melli (Iran), formed 650 Fifth Avenue Company. To disguise Bank Melli’s ownership interest, the parties agreed to transfer 35% of 650 Fifth Avenue Company to Assa Corporation (an entity wholly owned by Assa Company Limited). Assa Company Limited is a Jersey, Channel Islands, entity, which was and has since been wholly owned by Iranian citizens who represent the interests of Bank Melli. In conjunction with the transfer of the 35% interest in 650 Fifth Avenue to Assa Corporation, Bank Melli cancelled its loan on the Building. Today, the Alavi Foundation owns 60% of 650 Fifth Avenue Company, and Bank Melli, through Assa Corporation and Assa Company Limited, owns 40% of 650 Fifth Avenue Company.
In 1999, OFAC identified Bank Melli, and all of its offices worldwide, as entities owned or controlled by the Government of Iran.”
“FARSHID JAHEDI, the president of the Alavi Foundation, was indicted for allegedly destroying documents subpoenaed by a grand jury investigating the Alavi Foundation’s relationship with Bank Melli Iran and the ownership of a Manhattan office building. On December 19, 2008, JAHEDI was arrested in New York City on a criminal Complaint in this case.”
This is astonishing. How does this stuff happen right under our noses? It’s been going on for decades. Our borders are wide open. We are not safe, no matter what the government would have us believe.
Next door? 666 Fifth Avenue