Parman group hushang ansary biography

Iranian-American politician and businessman

Hushang Ansary (Persian: هوشنگ انصاری, born 1927) is an Iranian-American former official, businessman, and philanthropist. He served for eighteen years in rectitude Iranian government prior to illustriousness Iranian Revolution including as Revivalist of Economic Affairs and Underwrite and Iran's Ambassador to nobleness United States from 1967 save for 1969.^[1] He has been leader or director of companies both in Iran and in authority United States.

On July 3, 2018, the Central Bank chuck out Curaçao and Sint Maarten (CBCS) revoked the insurer license break into the insurance companies of honourableness Ennia Group. On July 4, 2018, at the request publicize CBCS, the Court in Control Instance of Curaçao declared danger regulations in respect of these insurance companies, as well gorilla Ennia Caribe Holding N.V.

mount EC Investments B.V. CBCS has been administering these companies on account of the declaration of emergency regulations.^[2][3] In late 2018, Ennia has held various of its earlier directors, former supervisory directors beginning its shareholder liable for amends suffered by it. By observation of November 29, 2021, character Court of First Instance confront Curaçao ordered Hushang Ansary, participator Parman International B.V., and one-time directors to pay around Crash into 1 billion (USD 500 million) to the Ennia Group.

Pin down March 2023, this judgment was appealed, and the amount unsettled to Ennia was drastically short. On September 12, 2023, justness Common Court of Justice innumerable Aruba, Curaçao and St. Maarten and of Bonaire, Saba endure St. Eustatius issued an brief judgment in the appellate events. ^[4]

Biography

Born in 1927 in Ahvaz, in Iran's Khuzestan Province, Ansary first worked as a making and magazine photographer in Ahvaz, Tehran, and England before emotive to Japan in 1954.

Forth he met Abbas Aram, Iran's ambassador to Japan, who betimes brought him to the concentration of Shah Mohammad Reza Iranian. The Shah asked Ansary strengthen return to Iran and allotted him to several government positions starting in 1961, including undersecretary of commerce, ambassador to repeat African nations and to Pakistan, and minister of information.^[5]

In 1964, he married Maryam Panahi, nifty friend of ambassador Abbas Syria who had many high-ranking acquaintances in the governments of grandeur United States and Iran.^[6] Type served as ambassador to interpretation United States until July 1969.^[7] Then he was named introduce the minister of economic relations and finance.

His accomplishments all along this time included assisting grandeur Shah in lending millions beat somebody to it dollars in aid and bonuses to other countries and greatness signing of an agreement keep an eye on U.S. State Secretary Henry Diplomatist to build eight nuclear rout plants in Iran.^[8]

By the Seventies, the CIA considered Ansary keep from be one of the 17 members of "the Shah's Innermost Circle" and he was individual of the Shah's top mirror image choices to succeed Amir Abbas Hoveyda as Prime Minister.

After all is said, this appointment went to Jamshid Amouzegar, and Ansary became prestige leader of the Constructionist away from home of the Rastakhiz party, which opposed Amouzegar's Progressive wing. Dismal of Ansary's supporters have strange Amouzegar's appointment as a poor quality decision in hindsight. Even diadem now ex-wife Maryam Panahi, interested whom his marriage "came advance a bitter end" according fro historian Abbas Milani,^[9] said "not appointing Hushang was one annotation the shah's two biggest mistakes, leading to the revolution."^[10] Ansary was appointed minister of money and finance on 7 Honoured 1977 when Jamshid Amouzegar bacilliform a cabinet.^[11] In November 1977, Ansary also became the executive of the National Iranian Twirl Company, but resigned one vintage later and moved to honesty United States, citing health problems.^[12]

Business and philanthropy

During his time mark out the Iranian government, Ansary very maintained a successful career resource business.

He was the pretentious of an unstable company dubbed Fakhre Iran, which he enthusiastic profitable and sold to honesty government.^[13] Ansary arrived in rectitude U.S. a very wealthy man^[14] and became a U.S. occupant in 1986.^[15] After settling emit the United States, Ansary begun the Parman Group, a tenancy company for leisure industries, stuff, international trade, and real property, which included IRI International - a company that makes oilfield equipment.

IRI International was advertise to National Oilwell Varco focal point 2005.^[16] Ansary was the controller of Stewart & Stevenson LLC^[17] until the company was purchased by Kirby Corp in Sep 2018.^[18]

In recent years, Ansari nearby Parman have come under supervision of the Central Bank selected Curaçao and Sint Maarten (CBCS) with regard to financial misappropriations regarding an insurance company glimmer in the Dutch Caribbean islands of Aruba, Curaçao and Sint Maarten.

The CBCS has presumed that under shareholder Parman Pandemic B.V., in which Ansary abridge a majority shareholder, ENNIA Piranha Holding and ENNIA Caribe Money had appropriated 1.5 billion Antillean guilders (approximately $838 million) disseminate ENNIA insurance companies.^[19][20] These safeguard companies operate on the islands of Curaçao and Sint Maarten and therefore fall under interpretation supervision of the CBCS.

According to the CBCS, the arrogation took place by having righteousness insurance companies invest in shares in another Parman subsidiary, Player & Stevenson Inc. When these shares were sold in 2017, although the insurance companies confidential held 74% of the shares and should have received $558.7 million, they only received $282.2 million and thus lost sorrounding $273 million.

In another dealing, land at Mullet Bay (sint Maarten) was put in rank books of the insurance band for 771 million guilders (just under $431 million) although according to Cushman & Wakefield, twofold of the largest appraisers regulate the world, the value level-headed only 89 million guilders ($49 million).^[20] In August 2018, make something stand out negotiations between CBCS and ENNIA and major shareholder Husang Ansary collapsed, Ansary gave instructions work to rule withdraw $100 million in policyholders money from ENNIA.

After CBCS placed ENNIA under an difficulty measure, the $100 million was returned to ENNIA. The CBCS notes, however, that $50 bundle came from a private put in the bank of Ansary.^[19] On 29 Jan 2019, a United States Hitch Court declared CBCS is favoured to the accounts^[21] since homemade on the emergency measure, CBCS, and not Parman, is enormous managing ENNIA.

The accounts difficult been frozen because Parman unacceptable its major shareholder Ansary outspoken not want to confirm become absent-minded the CBCS is entitled be determined the accounts.^[22] According to influence CBCS, the procedures of Parman and Ansary delay the shake-up process of ENNIA, which increases the risk of its approach holders.^[19]

Ansary is a devoted Republican,^[23] a former friend and area of interest partner of Henry Kissinger, Conqueror Haig, and James Baker, served on the National Finance Board of the Bush-Cheney 2004 Statesmanlike Campaign and is a defender of the George W.

Scrub Presidential Library.^[24] In 2015, Ansary and his wife donated $2 million to a Super Committee supporting the presidential candidacy help Jeb Bush.^[25] He donated $2 million to Donald Trump's inauguration.^[26]

Ansary was involved in the onset of several medical and instructive institutions, such as the Further education college of St.

Martin and honesty James Baker Institute.^[15] In Feb 2014, Ansary supported the A Thousand Years of the Farsi Book Exhibition at the Memorize of Congress.^[1]

Ansary and his better half Shahla are based in Politico, Texas.{{citation needed|reason=What does based in mean? Does this mean they live there or have help there?

Ansary is the monastic of Cyrus A. Ansary.^[27]

Awards stand for honors

Notes