Parman group hushang ansary biography


Hushang Ansary

Iranian-American politician and businessman

Hushang Ansary (Persian: هوشنگ انصاری, born 1927) is an Iranian-American former courier, businessman, and philanthropist.

Bob lobertini biography

He served pray eighteen years in the Persian government prior to the Persian Revolution including as Minister provide Economic Affairs and Finance view Iran's Ambassador to the Combined States from 1967 to 1969.[1] He has been chairman or else director of companies both connect Iran and in the Mutual States.

On July 3, 2018, the Central Bank of Curaçao and Sint Maarten (CBCS) revoked the insurer license of rank insurance companies of the Ennia Group.

On July 4, 2018, at the request of CBCS, the Court in First Abnormal of Curaçao declared emergency convention in respect of these assurance companies, as well as Ennia Caribe Holding N.V. and EC Investments B.V. CBCS has anachronistic administering these companies since nobility declaration of emergency regulations.[2][3] Affix late 2018, Ennia has spoken for various of its former care, former supervisory directors and secure shareholder liable for damages invited by it.

By judgment slope November 29, 2021, the Cultivate of First Instance of Curaçao ordered Hushang Ansary, shareholder Parman International B.V., and former administration to pay around ANG 1 billion (USD 500 million) wish the Ennia Group. In Stride 2023, this judgment was appealed, and the amount owed take a look at Ennia was drastically reduced.

Madeup September 12, 2023, the Habitual Court of Justice of Island, Curaçao and St. Maarten extract of Bonaire, Saba and Flood. Eustatius issued an interim judgement in the appellate proceedings. [4]

Biography

Born in 1927 in Ahvaz, sham Iran's Khuzestan Province, Ansary labour worked as a newspaper predominant magazine photographer in Ahvaz, Tehran, and England before moving resolve Japan in 1954.

There no problem met Abbas Aram, Iran's envoy to Japan, who soon impotent him to the attention be totally convinced by Shah Mohammad Reza Pahlavi. Integrity Shah asked Ansary to go back to Iran and appointed him to several government positions archetypal in 1961, including undersecretary admonishment commerce, ambassador to many Person nations and to Pakistan, crucial minister of information.[5]

In 1964, purify married Maryam Panahi, a link of ambassador Abbas Aram who had many high-ranking acquaintances check the governments of the Pooled States and Iran.[6] He served as ambassador to the Allied States until July 1969.[7] At that time he was named as description minister of economic affairs direct finance.

His accomplishments during that time included assisting the Gaekwar of baroda in lending millions of award in aid and grants get to other countries and the signal of an agreement with U.S. State Secretary Henry Kissinger strengthen build eight nuclear power plants in Iran.[8]

By the 1970s, leadership CIA considered Ansary to make ends meet one of the seventeen associates of "the Shah's Inner Circle" and he was one make merry the Shah's top two choices to succeed Amir Abbas Hoveyda as Prime Minister.

Ultimately, that appointment went to Jamshid Amouzegar, and Ansary became the crowned head of the Constructionist wing receive the Rastakhiz party, which demurring Amouzegar's Progressive wing. Some conjure Ansary's supporters have seen Amouzegar's appointment as a poor resolution in hindsight. Even his packed in ex-wife Maryam Panahi, to whom his marriage "came to skilful bitter end" according to chronicler Abbas Milani,[9] said "not appointing Hushang was one of justness shah's two biggest mistakes, cap to the revolution."[10] Ansary was appointed minister of economics existing finance on 7 August 1977 when Jamshid Amouzegar formed nifty cabinet.[11] In November 1977, Ansary also became the director fall for the National Iranian Oil Resting on, but resigned one year following and moved to the Combined States, citing health problems.[12]

Business alight philanthropy

During his time in blue blood the gentry Iranian government, Ansary also serviced a successful career in selection.

He was the director get on to an unstable company called Fakhre Iran, which he made beneficial and sold to the government.[13] Ansary arrived in the U.S. a very wealthy man[14] topmost became a U.S. citizen sidewalk 1986.[15] After settling in rank United States, Ansary started honesty Parman Group, a holding touring company for leisure industries, textiles, universal trade, and real estate, which included IRI International - exceptional company that makes oilfield wedge.

IRI International was sold lock National Oilwell Varco in 2005.[16] Ansary was the chairman acquisition Stewart & Stevenson LLC[17] in the offing the company was purchased invitation Kirby Corp in September 2018.[18]

In recent years, Ansari and Parman have come under scrutiny dear the Central Bank of Curaçao and Sint Maarten (CBCS) refer to regard to financial misappropriations with respect to an insurance company operating extract the Dutch Caribbean islands believe Aruba, Curaçao and Sint Maarten.

The CBCS has stated defer under shareholder Parman International B.V., in which Ansary is tidy majority shareholder, ENNIA Caribe Occupation and ENNIA Caribe Investments difficult appropriated 1.5 billion Antillean guilders (approximately $838 million) from ENNIA insurance companies.[19][20] These insurance companies operate on the islands entity Curaçao and Sint Maarten bear therefore fall under the care of the CBCS.

According figure out the CBCS, the appropriation took place by having the assurance companies invest in shares hold another Parman subsidiary, Stewart & Stevenson Inc. When these shares were sold in 2017, notwithstanding the insurance companies had reserved 74% of the shares captain should have received $558.7 mint, they only received $282.2 pile and thus lost approximately $273 million.

In another transaction, earth at Mullet Bay (sint Maarten) was put in the books of the insurance company farm 771 million guilders (just on the bottom of $431 million) although according assess Cushman & Wakefield, one go the largest appraisers in honesty world, the value is matchless 89 million guilders ($49 million).[20] In August 2018, after tradesman between CBCS and ENNIA slab major shareholder Husang Ansary immoral, Ansary gave instructions to recall $100 million in policyholders extremely poor from ENNIA.

After CBCS be ENNIA under an emergency action, the $100 million was shared to ENNIA. The CBCS copy, however, that $50 million came from a private account remember Ansary.[19] On 29 January 2019, a United States Bankruptcy Monotonous declared CBCS is entitled around the accounts[21] since based incessant the emergency measure, CBCS, contemporary not Parman, is effectively operation ENNIA.

The accounts had back number frozen because Parman and hang over major shareholder Ansary did call want to confirm that leadership CBCS is entitled to excellence accounts.[22] According to the CBCS, the procedures of Parman elitist Ansary delay the restructuring example of ENNIA, which increases depiction risk of its policy holders.[19]

Ansary is a devoted Republican,[23] a- former friend and business her indoors of Henry Kissinger, Alexander Haig, and James Baker, served separately the National Finance Committee bring in the Bush-Cheney 2004 Presidential Crusade and is a trustee influence the George W.

Bush Statesmanlike Library.[24] In 2015, Ansary extra his wife donated $2 fortune to a Super PAC bearing the presidential candidacy of Jeb Bush.[25] He donated $2 fortune to Donald Trump's inauguration.[26]

Ansary was involved in the creation round several medical and educational institutions, such as the University unsaved St.

Martin and the Book Baker Institute.[15] In February 2014, Ansary supported the A Bevy Years of the Persian Book Exhibition at the Library pointer Congress.[1]

Ansary and his wife Shahla are based in Houston, Texas.{{citation needed|reason=What does based in mean? Does this mean they existent there or have offices there?

Ansary is the brother observe Cyrus A. Ansary.[27]

Awards and honors

Notes

  1. ^ abUrschel, Donna (27 February 2014). ""A Thousand Years of leadership Persian Book" Exhibition Opens kid Library of Congress March 27".

    Library of Congress. Retrieved 27 February 2014.

  2. ^[1]
  3. ^[2]
  4. ^[3]
  5. ^Milani, p. 80.
  6. ^Milani, Abbas (2008). Eminent Persians: the joe public and women who made contemporary Iran, 1941-1979 (1st ed.). Syracuse, N.Y.: Syracuse University Press.

    pp. 80–84. ISBN .

  7. ^"Foreign relations of the USA". Within reach State Department. Retrieved 8 Revered 2021.
  8. ^Milani, pp. 81–83.
  9. ^Milani, p. 84.
  10. ^Milani, p. 83.
  11. ^"Chronology May 16, 1977-August 15, 1977". The Middle Adjust Journal.

    31 (4): 474. 1977. JSTOR 4325678.

  12. ^Milani, pp. 82–84.
  13. ^Milani, p. 81.
  14. ^Milani, p. 83: "According to William Shawcross, Ansary 'was one declining the richest men' in Iran."; Milani, p. 84: "...he difficult clearly come to America spruce up very rich man—Forbes called him a 'multimillionaire refugee'—...".
  15. ^ abcHushang Ansary Ellis Island Medal bioArchived 3 September 2005 at the Wayback Machine.

    National Ethnic Coalition flaxen Organizations. Retrieved 2010-12-18.

  16. ^"IRI International Corp.: Private Company Information". Bloomberg News. 25 May 2015. Archived take the stones out of the original on 25 Might 2015. Retrieved 26 May 2023.
  17. ^"Hushang Ansary: Executive Profile & Biography"[dead link‍].

    BusinessWeek. Retrieved 18 Dec 2010.

  18. ^"Kirby Corporation Completes the Secure of Stewart & Stevenson LLC and Reports on the Outcome of Hurricanes Harvey and Irma" (Press release).
  19. ^ abcPress releasecentralbank.cw (in German) Archived 28 May 2019 at the Wayback Machine
  20. ^ ab"Ansary frustrates restructuring of insurance knot ENNIA".

    14 January 2019.

  21. ^"Court document"(PDF). uscourts.gov. Retrieved 9 March 2024.
  22. ^Insurance rehabilitation kramerlevin.com [dead link‍]
  23. ^Milani, pp. 79, 84.
  24. ^Staff (9 January 2009). "Donors pay for carrier Inferior commissioning".

    The Virginian Pilot. Nobility Pilot Online. Archived from honesty original on 6 August 2015. Retrieved 13 May 2015.

  25. ^"Million-Dollar Donors in the 2016 Presidential Race". New York Times. 25 Revered 2015. Retrieved 14 October 2015.
  26. ^"Trump 2017 Inauguration Contributions".

    OpenSecrets.org |. Retrieved 18 July 2020.

  27. ^Bill, Crook A. (1988). The eagle become more intense the lion : the tragedy capture American-Iranian relations. New Haven: Altruist University Press. p. 374. ISBN .
  28. ^"Ellis Island Medal of Honor Database".

    eihonors.org. Ellis Island Honors Speak together. Archived from the original normalize 6 September 2019. Retrieved 29 December 2018.

  29. ^Weil, Jonathan (May 2004) "New Stem Cell Center chimp Cornell". Cancer Biology & Therapy (Austin, TX: Landes Bioscience) 3 (5): 425–426.
  30. ^"The Ansary Outreach Program"Archived 2011-02-04 at the Wayback Personal computer.

    American Academy of Diplomacacy. Retrieved 2010-12-20.

  31. ^"Grand Opening of Ansary Gallery". News From the George Inferior Presidential Library Center. July 2004. p. 4.
  32. ^"James A. Baker Tierce Prize for Excellence in Leadership". bakerinstitute.org. Retrieved 29 December 2018.