Info:
Iran-based Pishro Tejarat Sana Company (Pishro Tejarat) works with Sepehr Energy to facilitate the sale and shipment of commodities to overseas buyers, generating revenue for MODAFL and the Iranian military. Pishro Tejarat works on behalf of Sepehr Energy, in return for a portion of the profits. Seyyed Abdoljavad Alavi (Alavi) is the chairman of the board of directors of Pishro Tejarat.
MODAFL and the AFGS sell commodities through a network of front companies both inside Iran and abroad. Sepehr Energy Jahan Nama Pars Company (Sepehr Energy) oversees this activity for the AFGS. Sepehr Energy is headed by deputy chairman, principal board member, and managing director Majid A’zami (A’zami). A’zami is an Iranian oil ministry official. In mid-2023, Sepehr Energy employee Elyas Niroomand Toomaj arranged the sale of Iranian commodities with prospective buyers, including through the use of falsified certificates of origin.
Sepehr Energy relies upon the services of Iranian exchange houses to transfer funds to MODAFL-controlled bank accounts in coordination with the AFGS. Iranian exchange houses serve as key conduits in multijurisdictional Iranian “shadow banking” networks, establishing front companies abroad to enable trade for Iranian clients. Sepehr Energy also shipped products via the National Iranian Tanker Company (NITC), which was designated pursuant to E.O. 13224, as amended, on October 26, 2020 for its support to the IRGC-QF.
“The IRGC-QF and MODAFL continue to engage in illicit finance schemes to generate funds to fan conflict and spread terror throughout the region,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “The United States remains committed to exposing elements of the Iranian military and its complicit partners abroad to disrupt this critical source of funds.”
The Iranian government allocates billions of dollars’ worth of commodities, including oil, to Iranian military entities, including MODAFL and the AFGS as part of the Iranian military’s annual budget. This includes specific commodity allotments for MODAFL, the Islamic Revolutionary Guard Corps (IRGC), and the AFGS, which sell the commodities to foreign buyers to generate revenue.
Involved In:
Missile Weapon Program
Also Known As:
Pishro Tejarat Sana Company
Organization Established Date:
25 Jul 2011
Country:
Iran
Address:
Unit 81, Floor 8, Ribbon Building, Number 3, Eastern Brazil Street, Kurdistan Highway, Vanak, Central Section, Tehran, Tehran Province, Iran
National ID No.:
10320606988 (Iran)
Business Registration Number:
410131 (Iran)