. . . . . . . .[+] Involved in:
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;
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation
Basha Asmath Shaikh together with Manohar Nair operated Presto Freight International and Emirates Hermes General Trading, procured U.S.-origin items for Mahan Air, an Iranian airline that is subject to a BIS temporary denial order and has been designated a Specially Designated Global Terrorist by the U.S. Department of Treasury’s Office of Foreign Assets Control;
Established in 2003, Presto Freight International LLC (PFI ) is one of the leading international freight forwarding, relocation and project logistics management company delivering cost-effective solutions throughout the Middle East and Worldwide;
The Hermes is a private, multinational enterprise with diverse commercial and industrial operations in the Middle East and an actively managed portfolio of international investments. Emirates Hermes General trading seeks to become long-term partners with exceptional management teams and employees who share our goal of significant long-term growth while simultaneously leaving a lasting and positive impact on the communities in which we operate;
Also Presto Freight International and Emirates Hermes General Trading procured U.S.-origin items for Complete Freight Solutions, a listed entity on the Entity List;
Military Weapon Program
United Arab Emirates
Office M-2, Al Andalus Bldg, Next to Shoemart Bldg, Abu Hail, Dubai, U.A.E.
P.O. Box 29687, Dubai, U.A.E.; and P.O. Box 191252, Dubai, U.A.E.
Reason for the color:
» Added on May 14, 2019 to the U.S. Department of Commerce’s Entity List of end users subject to heightened export license requirements due to involvement in proliferation activities or other activities of national security concern;