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Republican Billionaire Spearheads Campaign to Link Argentina to Iranian ‘Devil’

Paul Singer's attempts to paint Argentina as an ally of Iran come as the billionaire seeks to profit from the Latin American country's debt.

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A request for comment from ATFA was not responded to by deadline.

Fear of an Iranian planet

Paul Singer is a very rich man – one of the 400 richest in the world. According to Forbes, the hedge fund manager and founder of Elliott Management has a net worth of 1.3 billion dollars. That wealth has enabled him to become one of the top funders of the Republican Party.

In 2012, he gave more than one million dollars to the party’s failed presidential candidate, Mitt Romney, and millions more to those lower down on the ballot. Employees of his firm, meanwhile, gave more than three million dollars to various politicians, making his company one of the top 100 funders of U.S. politics. And those politics are decidedly to the right.

In 2007, Singer  described himself as a believer in American exceptionalism, noting that he has given “millions of dollars to Republican organizations that emphasize a strong military and support Israel.” Speaking to the New York Times, Singer explained that he believes the West “finds itself at an early stage of a drawn-out existential struggle with radical strains of pan-national Islamists.”

In the case of Argentina’s relations with Iran, which have grown to more than one billion dollars per year in trade, he finds his financial interests and fear of radical Islam perfectly aligned: by stoking fear of the latter, the U.S. government may be less inclined to interfere with the former.

“What’s the TRUTH About Argentina’s Deal With Iran?” asks a recent  full-page ad from ATFA placed in The Washington Post. The deal in question concerns an  agreement announced by the governments of Argentina and Iran to open a “Truth Commission” examining the 1994 bombing of a Jewish community centre in Buenos Aires, the Asociación Mutual Israelita Argentina (AMIA), which killed 85 people and injured more than 300.

Another ATFA ad featuring photos of Argentina’s president Cristina Fernández de Kirchner and outgoing Iranian president Mahmoud Ahmadenijad poses the question: “A Pact with the Devil?”

A 2006 report from Argentine prosecutor Alberto Nisman fingered Iran as the culprit, allegedly using the Lebanese group Hezbollah as a proxy. That led to INTERPOL arrest warrants being issued for several high-level Iranian officials.

An updated 2013 report from Nisman, oft-cited in the media campaign against Argentina, claimed the attack was but one piece of evidence for the existence of an extensive Iranian intelligence apparatus throughout South America that has only grown since the AMIA attack, a conclusion that contradicts the US State Department’s  recent assessment that any influence Iran had in the region is now “waning”.

No one has ever been convicted in the AMIA case, which has been hampered by a botched prosecution and judicial corruption. Concerns have also been raised about the veracity of Nisman’s report, which claims Iran’s Supreme Leader, Ayatollah Khamenei, approved the bombing at a meeting in Tehran just months prior to the attack, a finding that is based on the testimony of a former Iranian intelligence official known as  Aboghasem Mesbahi who defected from the Islamic Republic in 1996.

That defector previously told U.S. officials that Iran had funded and facilitated the Sep. 11, 2001, terrorist attacks in New York and Washington, claiming he was made aware of the authorisation by secret messages in newspapers. His testimony was dismissed by the 9/11 Commission.

In its ad, ATFA quotes  a letter from Senators Kirsten Gillibrand, a Democrat from New York, and Mark Kirk, a Republican from Illinois, to President Kirchner expressing concern that the opening of the commission “will lead to a dismissal of charges and the whitewashing of this heinous crime”.

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