8.19.2010

August 19, 1953


in memory of Dr. Fatemi (1919 - 10 November 1954) arrested and executed in the aftermath of Coup '54

was a famous politician of Iran . He proposed the thesis of nationalization of Iranian oil and gas assets to Prime Minister Mosaddeq. He was Foreign Affairs Minister of Iran in from 1951 to 1953.

Mossadegh's government fell by a coup d'état supported and funded by the British and U.S. governments. Fatemi was arrested in 1954, and was sentenced to death during what became known as Divan Balkh, falsely accused of trying to overthrow the Shah.There is an Avenue in Tehran named after Dr. Fatemi. Mossadegh often quoted Fatemi as the force behind the nationalization of oil from inception to implementation. After the 1953 CIA-MI6 coup half of the oil and gas rights were given back mainly to US-UK oil companies with a few percentages for French and Italian companies by the Shah under a new agreement known as the Oil Consertium. Other countries in the Persian Gulf and North Africa followed the example and took national ownership of their oil and gas fields. President Nasser of Egypt was influenced by the earlier example of Fatemi's thesis carried out by Mossadegh when he nationalized the Suez canal.

source: Wikipedia

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