Industrial Metals and Commodities

Unlawfully attempted to procure and divert export-controlled aluminum tubing via Malaysia to Iran

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:
Industrial Metals and Commodities and Nicolas Kaiga added to the Entity List, because unlawfully attempted to procure and divert export-controlled aluminum tubing via Malaysia to Iran;

Between November 2009 and February 2012, the indictment alleges that Kaiga, who was managing director of a Belgian company, Industrial Metals and Commodities, attempted to export 7075 aluminum from Company A to Company B in Malaysia without an export license. The complaint affidavit alleges that Company B was a front for Individual A in Iran. The false statements charges allege that Kaiga lied on Commerce Department export declaration forms, which stated that the ultimate destination and recipient of the 7075 aluminum were in Belgium;

Also Known As:
Industrial Metals Commodities

Industry:
Metal Industry

Country:
Belgium

Address:
Goffarstraad 16, B-1050, Brussels, Belgium

Reason for the color:
» Added on 08/14/2019 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;
» Newly Unsealed Federal Indictment Charges Iranian Businessman with Illegally Exporting Nuclear Nonproliferation-Controlled Materials from Illinois;
» Belgian Man Charged With Attempting To Illegally Export Aluminum Tubes To Malaysian Front For Individual In Iran;