IFIC Holding AG

Status:
Medium Alert – Entity sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations

Info:
IFIC Holding AG is a Dusseldorf, Germany-based entity that is wholly-owned by IFIC;

IFIC Holding AG is an investment arm of Iran Foreign Investment Company (IFIC) an Iran-based entity that is wholly owned by the Government of Iran;

The mission of IFIC is to manage and expand Iranian holdings abroad;

It is involved in ventures in a number of foreign countries;

Iran Foreign Investment Company is used by the mullahs to invest money around the world and is investment arm of the “Oil stabilization Fund”;

IFIC with Bank Melli owns shares in Islamic Corporation for the Development of the Private Sector;

Iran Foreign Investment Company owns shares in Siemens, Adidas, BP, ThyssenKrupp and other Big brands, owns 10% of Sabafon Shares (Yemen Company), 12.49% of Taageer Finance Company, 40.15% of the Misr Iran Development Bank, 15% of Rossing Uranium Mine Shares;

Also Known As:
Iran Foreign Investment Company Holding AG

Involved In:
Missile Weapon Program

Country:
Germany

Address:
Koenigsalee 76-78, Dusseldorf, Germany 40212
Koenigsallee 60 D, Dusseldorf, Germany

Phone:
(211) 863-2370

Website:
http://www.ific.org.ir

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on August 3, 2010;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;
» IFIC is investment arm of the “Oil stabilization Fund”;
» German companies enable Iran’s nuclear program and infrastructure;
» IFIC Used by mullahs to invest money around the world;

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