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The next president of Iran is assigned!

Finally, after some propaganda shows, which are window dressing of the dictatorship in Iran, and after speculations about who will pass the filter of the Guardian Council, on Tuesday, May 25, at Khamenei's behest, name of 7 people who will be allowed to enter the June sham election, was announced! In fact, Khamenei took one step closer to appoint his candidate and put an end to this show. Of course, out of the 7 people who were allowed to enter the final stage of the elections, everyone knows that 6 of them have no chance, and Ibrahim Raessi is the one who will be selected as president, and the rest have been included so that it would not be a one man show.
Because Khamenei, given the past experiences and the very critical situation in Iran, decided to finalize the issue of the next president at this stage so that what happened in 2009 does not happen again. A few months ago, he announced the conditions for the next president, saying that the upcoming elections should not be bipolar, meaning that there should be no competition in the elections. He announced the characteristics of the person he wanted in his Nowruz message, which, of course, made it clear that the ideal person for Khamenei was Qassem Soleimani, who was killed by US forces in Iraq last year, and with Qassem Soleimani killed, Khamenei received a huge and unbearable blow, since it was very difficult to find someone like him. After Soleimani's assassination, Khamenei’s clear choice was Ibrahim Raessi, who Khamenei had failed to appoint him as president four years ago. To this end, the Guardian Council, at Khamenei's behest, disqualified all those who might have run as rivals for Ibrahim Raessi and polarized the election. Even those who had repeatedly proved their allegiance to Khamenei, such as Ali Larijani, the two-term speaker of parliament, and one who was a IRGC commander for 10 years, or Ahmadinejad, who was Khamenei's two-term president, as well as Jahangiri, who is the current deputy President of Hassan Rouhani and all others who were likely to polarize the election.
But who is Ibrahim Raessi?
Raessi, was a young seminary student in the 1979 revolution and first worked as a deputy prosecutor in the city of Karaj in 1980 and was later appointed prosecutor of the same city. During this period, he was noticed by regime leaders for his atrocities in suppressing Khomeini's opponents in 1981, and in 1982, while he was Karaj’s Prosecutor, he was given the responsibility of the Hamedan City Prosecutor's Office as well, a position he held for three years. During this period, he harshly suppressed the regime’s opposition.
In 1988, he was selected as a member of the death committee that massacred 30,000 political prisoners at Khomeini's behest. The names of members of this death committee were later revealed by Ayatollah Montazeri (Khomeini's successor, who opposed Khomeini's order and for this reason Khomeini ousted him), and since then Raessi has been hated by most people. However, after Khomeini's death and Khamenei taking the power, Raessi moved up the ladder rapidly due to his allegiance to Khamenei. In 1989, he was first appointed as Tehran’s Prosecutor and after 5 years as the head of the General Inspectorate. He worked in this position for 10 years. In 2004, he was given the post of First Deputy of the Judiciary, and then in 2014 he became the Attorney General for a year, but after a year, Khamenei appointed him as the head of Astan Quds Razavi, one of the richest institutions in Iran with tens of billions of dollars of capital. Astan Quds Razavi is one of the organs of theft and plunder of the Iranians’ wealth. At the same time, he was the Special Prosecutor General of the Clergy, and since 2006 has been the representative of South Khorasan in parliament and a member of the Presidium of the Assembly of Experts. Khamenei wanted to make him president in 2017, but in fear of another uprising like the one in 1988, he chose not to take that risk at the time, and thus endured Hassan Rouhani for another four years. But after that election, Khamenei appointed him a member of the Expediency Council for five years, and two years later, even though Sadegh Larijani still had a few months left, Khamenei appointed him as the new head of judiciary. In Iran, the head of judiciary holds the second spot of power right after the president. Khamenei by appointing him to this position provided him with a tool to remove all his opponents.
Now Khamenei knowing the very critical situation in Iran and while the public is opposed to his rule, is determined to appoint a new president because he thinks after his death, which, according to experts, is not far off, any rift at the head of the regime imminently will lead to the disintegration and overthrow of the regime. For this reason, he has chosen the policy of maximum contraction to eliminate any opposition by deploying IRGC and various security forces. According to many, this sham election is the last show of this kind. Because on the one hand, 80% of the people live below the poverty line due to institutionalized corruption, and on the other hand, people want an end to dictatorship and oppression. They want regime change and establish a democratic government. Regardless of who will be the president next month, Iranians are waiting for an opportunity to overthrow the entire regime in an uprising like what happened in November 2019. This is what Ahmadinejad acknowledged in a recent speech before being dismissed by the Guardian Council, saying that a flood would soon engulf the entire regime.
by: Cyrus Yaqubi
Cyrus Yaqubi is a Research Analyst and Iranian Foreign Affairs Commentator investigating the social issues and economy of the middle east countries in general and Iran in particular.
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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