Russia paid Iran ‘in gold bullion’ for drones used in attacks on Ukraine

Leak reveals minister's claim that $1.75 billion contract was signed for 6,000 Shaheds and Kremlin ‘paid in literal gold’

An Iranian Shahed-136 aerial vehicle
An Iranian Shahed-136 aerial vehicle Credit: NurPhoto

Russia has reportedly paid Iran nearly two billion dollars in gold bullion for Shahed-136 drones used to terrorise Ukrainian cities.

‌Moscow signed a $1.75 billion contract for 6,000 of the unmanned aerial vehicles from an offshoot of the Islamic Republic’s Revolutionary Guard Corps (IRGC) last year, according to leaked documents posted online by a hacker group called the Prana Network.

‌It reportedly paid in gold bullion, shipping more than two tonnes to the manufacturer Sahara Thunder.

‌The drones, repeatedly used in deadly attacks against Ukraine, are believed to be upgraded at a production facility in Russia’s Republic of Tatarstan before being deployed by Moscow’s forces.‌

“In 2022, a $1.75 billion contract was signed for 6,000 Shaheds + hardware + software. Russia paid in literal gold; it shipped a little over two tonnes in bullion,” said Anton Gerashchenko, an adviser to Ukraine’s Ministry of Internal Affairs.

‌Prana Network said it had penetrated Sahara Thunder’s servers to obtain details of the deal with Russia. The company is believed to be part of Shahed Aviation Industries Research Center, which is linked to the IRGC’s Aerospace Force.

‌Citing the group’s findings, Mr Gerashchenko said the cost of each Shahed-136 was believed to be $193,000 per unit when ordering 6,000 drones and about $290,000 per unit when ordering 2,000.

‌With production localised in Russia, the cost for the country’s defence ministry would drop to $165,500 per drone, he added.

‌Bryan Clark, a former special assistant to the chief of US naval operations, told The Telegraph the leak underscored the growing military-industrial relationship between Russia and Iran.

‌“The relationship is clearly intensifying and becoming more comprehensive,” he said.

‌“Not only has Russia been paying with gold bullion to Iran to give them these Shahad-136 drones, Iran has also been building them in Russia at Russian facilities, so they have a co-development agreement to build them.

‌“And then they also are transferring that technology to Russia, so Russia can begin to build them at scale in Russia,” Mr Clark added.

‌The United States has repeatedly accused Russia of turning to Iran for drones used in its war in Ukraine.

‌There was no immediate response from Sahara Thunder or Moscow to the documents published by the Prana Network.‌

Relatively inexpensive and easy to produce, Shahed-136 drones have a range of up to 1,500 miles and are designed to explode after crashing into their target.

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