Financial Times FT.com

Military force finds its wealth under attack

By Najmeh Bozorgmehr and Gareth Smyth

Published: March 16 2007 02:00 | Last updated: March 16 2007 02:00

Among sanctions against Iran in the draft United Nations Security Council resolution proposed yesterday are measures targeting the Iranian Revolutionary Guards, an elite military force with wide economic interests.

The resolution would call on member states to freeze assets both of individual com-manders of the Iranian Rev-olutionary Guards (IRGC)and organisations that it runs. Guards' activities could also be affected by the proposed ban on Iranian weapons exports.

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