IHAG Trading GmbH

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

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

IHAG Trading GmbH is an extended investment arm of IFIC, an entity that is owned or controlled by the Government of Iran;

Iran Foreign Investment Company is beign designated by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on August 3, 2010, but sanctions were removed in January 2016 as part of the Joint Comprehensive Plan of Action;

IFIC was also used by the Iranian mullah to invest money arount the world, invest in Europe companies which later supported Iran’s nuclear and missile program;

Involved In:
Missile Weapon Program

Country:
Germany

Address:
Koenigsallee 60 D, Dusseldorf 40212, Germany

Phone:
49 211 60184840

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;

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