Sakan Kiymetli Metal Ve Sanayi Ve Ticaret Anonim Sirketi

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

Info:
Sakan İnşaat Mimarlik Ve Kiymetli Metal Sanayi Ve Ticaret Anonim Şirketi, a construction and precious metals trade firm whose chairman of the board is listed as Süleyman;

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:
Sakan İnşaat Mimarlik Ve Kiymetli Metal Sanayi Ve Ticaret Anonim Şirketi

Country:
Turkey

Address:
Kuyumcukent 29 Ekim CD.IST.VI Park A1 BL.K.3 D.24 ODA N.1 Bahcelievler, Istanbul, Turkey

Person of interests:
Suleyman Sakan

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

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