>> As incoming US President Donald Trump considers whether to rip up President Obama's signature nuclear deal with Iran. Reuters discovering the investment money flooding back into Iran after the lifting of tough sanctions is going not to the private sector but to Tehran's ruling elite including its supreme leader.
Reporter Yagan Torboni has the story.>> Despite the hopes of some of the supporters of the nuclear deal that Iran signed with world powers in July 2015 that private investment in Iran and foreign investment would help grow the economy and help moderates. We found that the vast majority of Iranian entities that have signed foreign business deals with companies from South Korea, and Germany, and France, and in all over the world are entities that are controlled or owned by the Iranian government.
Though we found several deals that went to this this entity called Setade Ejraiye Farmane Hazrate Emam. And this is a conglomerate that the US treasury sanctioned in 2013 saying that it was directly controlled by Khamenei and that it managed a lot of investments on behalf of Iran's leadership and so Satad has its kind of known, has quite lucrative deals such as a pharmaceutical contract and also an agreement to build a very large and expensive refinery in Iran.
We found several deals that have been signed with subsidiaries of the Islamic Revolutionary Guard Corps. And the IRGC, as they're known for short, remain under U.S. sanctions for their activities in the Middle East region.>> Appears to be unsafe, unprofessional.>> They've been increasing their clout in Iran's economy and in Iran's political system.
They are one beneficiary of the nuclear deal. And US government officials, especially those in Congress, have linked their very profitable business activities to their military activities abroad. There's no doubt that ordinary people in Iran will benefit and Iran's economy will grow. I think the question more is who is controlling this capital and is the power structure in Iran actually changing or altering at all in response to the nuclear deal.
And at least our analysis shows that in this first year after the deal that has not yet happened.