Naghmeh FZE

Designated for acting for or on behalf of PGPICC

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Naghmeh FZE is designated for acting for or on behalf of Persian Gulf Petrochemical Industry Commercial Co. (PGPICC);

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against Iran’s largest and most profitable petrochemical holding group, Persian Gulf Petrochemical Industries Company (PGPIC), for providing financial support to Khatam al-Anbiya Construction Headquarters (Khatam al-Anbiya), the engineering conglomerate of the Islamic Revolutionary Guard Corps (IRGC);

PGPIC, has awarded major engineering, procurement, and construction contracts to the IRGC’s Khatam al-Anbiya, generating hundreds of millions of dollars for an IRGC economic conglomerate that stretches across Iran’s major industries;

Iran Regime income from petrochemical companies uses to sponsor terrorist organizations, sponsor terrorist attacks around the world, develop nuclear weapons of mass destruction and build new missiles to threaten to destroy other countries;

Industry:
Oil Industry

Also Known As:
Naghmeh Company

Country:
United Arab Emirates

Reason for the color:
» June 7, 2019 – Treasury Sanctions Iran’s Largest Petrochemical Holding Group and Vast Network of Subsidiaries and Sales Agents;