Rayol Dis Ticaret Limited Sirketi

Status:
High Alert – Entity affiliated with Designated / Sanctioned / Illicit entities

Info:
Rayol Diş Ticaret Limited Şirketi, a foreign trade firm owned by Süleyman and Asiye Sakan;

Turkey-based Suleyman Sakan, who is affiliated with Turkish firm Atlas Doviz Ticaret A.S., provided millions of U.S. dollars in foreign currency exchange services to Ansar Exchange, including through Turkey-based Atlas Doviz;

Suleyman Sakan is 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 March 26, 2019 pursuant to Executive Order 13224 for assisting, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of, Ansar Exchange;

Ansar Exchange conducted currency exchange services for Ansar Bank totaling over one billion dollars. Over the past few years, Ansar Exchange also directly provided MODAFL with the equivalent of approximately 100 million in dollars and euros, in addition to the equivalent of approximately 130 million dollars’ worth of goods and services ultimately destined for the benefit of the IRGC. IRGC is terrorist organization that sponsors, funds, terrorist organizations like Hamas, Hezbollah, Taliban;

Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action;

Also Known As:
Rayol Diş Ticaret Limited Şirketi

Country:
Turkey

Address:
Yenibosna Merkez MH.29 EKIM CD NO:3/24 Ist. Vizyon Park A1 BL. Bahcelievller, Istanbul, Turkey

Person of interests:
Suleyman Sakan
Asiye Sakan

Reason for the color:
» US-designated Iran sanctions buster operating freely in Turkey;

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