US Sanctions Individuals for Smuggling Tech to Iran's Bank

Department of State

class="article-meta doctype-meta">Press Statement

The United States is today designating four entities and three individuals tied to a network facilitating the illegal export of U.S. goods and technology to end users in Iran, including the Central Bank of Iran. The Central Bank of Iran has played a critical role in providing financial and technological support to the Islamic Revolutionary Guard Corps-Qods Force and Hizballah, both foreign terrorist organizations and key drivers of the ongoing conflict in the Middle East.

Today's action demonstrates that defying export restrictions and circumventing sanctions against Iran will result in consequences. The United States is steadfast in its commitment to countering terrorist financing and will continue to use all available means to disrupt the illegal procurement of sensitive technology by the Iranian regime.

The Department of the Treasury designations were taken pursuant to Executive Order 13224

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.