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US Treasury Secretary Confirms: Islamic Republic Leaders Are Transferring Tens of Millions of Dollars Abroad

Jul 3, 2026 July 3, 2026 2 min read 📰 VOA Persian
📋 Key Takeaway

US Treasury Secretary Scott Basset revealed that Islamic Republic leaders are transferring large sums of money abroad amid ongoing protests and potential government collapse. Reports indicate that $1.5 billion has been moved to Dubai, with Mojtaba Khamenei implicated in the transfers. This situation raises concerns about the stability of the Iranian regime and its officials' attempts to secure their assets.

🔍 Quick Context Guide
💡 Bottom Line: The flight of assets indicates a potential collapse of the Iranian government.

👥 Key Players

Scott Basset QUOTED
US Treasury Secretary
"'At the Treasury Department, which is responsible for enforcing sanctions...'"
Mojtaba Khamenei ACTOR
Son of Supreme Leader
"'Mojtaba Khamenei... is one of the individuals involved in these transfers.'"
Ali Khamenei (علی خامنه‌ای) TARGET
Supreme Leader of Iran
"'He intends to go [somewhere] from Iran.'"
Bashar al-Assad (بشار اسد) QUOTED
President of Syria
"'Bashar al-Assad, the dictator of that country, fled to Moscow.'"
Donald Trump (دونالد ترامپ) QUOTED
Former President of the United States
"'He intends to go [somewhere] from Iran.'"

⚡ Actions

Scott Basset ANNOUNCE Islamic Republic leaders
"'At the Treasury Department, which is responsible for enforcing sanctions, we clearly see that the rats are leaving the ship.'"
Confidence: 90%
Islamic Republic leaders TRANSFER financial institutions around the world
"'We are witnessing the transfer of millions and tens of millions of dollars out of the country.'"
Confidence: 90%
Channel 14 REPORT Islamic Republic leaders
"'Islamic Republic leaders had transferred $1.5 billion to accounts in Dubai over the past two days.'"
Confidence: 80%

📰 What Happened

US Treasury Secretary reports Iranian leaders transferring millions abroad amid protests.

  • Scott Basset announce Islamic Republic leaders
  • Islamic Republic leaders transfer financial institutions around the world
  • Channel 14 report Islamic Republic leaders

💡 Why It Matters

🇮🇷 For Iran: Because it indicates a loss of confidence among leadership amid protests.
🌍 Regional: Because it suggests instability in Iran could impact neighboring countries.
🌐 International: Because it highlights concerns over asset transfers and sanctions evasion.

📚 Background

The flight of assets indicates a potential collapse of the Iranian government.

📝 Key Evidence

"'They are fleeing the ship, and we see that this money is entering banks and financial institutions around the world.'"
→ Indicates asset transfers by Iranian leaders.
📡 Source: INTERNATIONAL
📊 Confidence: 80%
VOA Persian is generally considered a credible source.

Scott Basset, the US Treasury Secretary, says that the US is monitoring the transfer of money and assets by Islamic Republic officials out of Iran following the expansion of protests and the potential collapse of the government. This is the first time a high-ranking US official has reported on the efforts of Islamic Republic officials to transfer their assets from Iran. In part of his Wednesday night interview with the Newsmax website, Mr. Basset said: 'At the Treasury Department, which is responsible for enforcing sanctions, we clearly see that the rats are leaving the ship; because we are witnessing the transfer of millions and tens of millions of dollars out of the country by leaders of the Islamic Republic of Iran.' He added: 'They are fleeing the ship, and we see that this money is entering banks and financial institutions around the world. What we are doing at the Treasury Department is tracking the money. Whether this money is transferred through the banking system or through digital assets, we will track them, and the leaders of the Islamic Republic will not be able to keep this money for themselves.' Hours earlier, Channel 14 in Israel reported that Islamic Republic leaders had transferred $1.5 billion to accounts in Dubai over the past two days. This media outlet, citing experts familiar with the economic activities of the Revolutionary Guards, claimed that Mojtaba Khamenei, the son of the Supreme Leader of the Islamic Republic of Iran and a potential successor, is one of the individuals involved in these transfers, having moved approximately $328 million to the same destination. In recent days, amid the expansion of protests, there have been whispers of a potential escape of the leader and senior officials of the Islamic Republic to Moscow. Even Donald Trump, the President of the United States, in an interview with Fox News, responded to a question about whether Ali Khamenei intends to flee to Russia by saying: 'He intends to go [somewhere] from Iran.' A year ago, as Ahmad al-Shar' forces advanced in Syria, Bashar al-Assad, the dictator of that country, fled to Moscow.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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