Billionaire Koch brothers in the dock over trades with Iran


Guy Adams
The Independent

October 4, 2011

The leading financiers of the Tea Party movement were last night attempting to rebut claims that a portion of their wealth comes from secretly doing business with the most un-American trading partner imaginable: the hard-line government of Iran.

Charles and David Koch, the prominent billionaires who fund a string of influential conservative think-tanks, stand accused of selling tens of millions of dollars worth of petrochemicals to Tehran, despite a longstanding US trade embargo against the nation that the former President, George W Bush, dubbed a pillar of his “Axis of Evil”.

It has been reported that Koch Industries used foreign subsidiaries to supply the products, in an apparent effort to stay within the letter – if not the spirit – of the law. It has been suggested that the company used dozens of lawyers to help find a way around the embargo, and was trading with Mahmoud Ahmadinejad’s regime as recently as 2007.

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