Lizen Open Joint Stock Company

Engaging in proliferation activites with the Iranian Regime

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

Risk Level:unknown %

Info:
Sanctioned by the United States in May 2002 for engaging in proliferation activities with Iran, along with all successors, sub-units and subsidiaries, and the Armenian national Armen Sargsian, (Sarkisyan), who was reportedly the company’s owner from 1997-2000, but then sold it to an Iranian businessman, Varuzhan Andreasyan, and a Yerevan businessman, Ashot Oganyan;

Reportedly denied the State Department’s charge that it sold dual-use technologies or equipment to Iran, and said that Armen Sargsian was never the owner or director of the firm;

Also Known As:
Lysine Joint Stock Company

Involved In:
Military Parts

Country:
Armenia

Address:
Charentsavan

Reason for the color:
» Sanctions by the United States for engaging in proliferation activites with Iran ended on 05/09/04;
» Sanctioned by the United States in May 2002 for engaging in proliferation activities with Iran, along with all successors, sub-units and subsidiaries, and the Armenian national Armen Sargsian, (Sarkisyan), who was reportedly the company’s owner from 1997-2000, but then sold it to an Iranian businessman, Varuzhan Andreasyan, and a Yerevan businessman, Ashot Oganyan;