Hassan Nemazee is a multimillionaire Iranian-American investment banker. Nemazee was born in Washington, D.C. on January 27, 1950 and attended Landon School, graduating in 1968. He received his Bachelor of Arts (BA) degree with Honors from Harvard University in 1972. Nemazee has not returned to Iran since the Iranian revolution. Most of his family's property was seized by the new Iranian government. On August 25, 2009 Nemazee was arrested for fraudulently applying for a loan of over $74 million from Citigroup. The maximum penalty for the offense is 30 years in prison. He was subsequently accused of fraudulently obtaining $292 million of loans from three banks and of using the proceeds to both support his lifestyle and make political contributions
Nemazee is the brother of Susie Nemazee, the wife of the British Ambassador in Washington DC, Sir Peter Westmacott.
Nemazee is the Chairman of Nemazee Capital. Based upon the allegations of fraud contained in Mr. Nemazee's indictment, it is difficult to determine what legitimate business, if any, was ever conducted by Nemazee Capital.
Read more about Hassan Nemazee: Business Interests, Political Involvement, Board Associations, Nemazee Hospital and Nemazee Family Philanthropy, Arrest
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“Quotations offer one kind of break in what the eye can see, the ear can hear.”
—Ihab Hassan (b. 1925)