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;
Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation
Info:
Hossein Firouzi Arani – CEO of Bakhtar Commercial Company. On 29 October 2020, Bakhtar Commercial had been added to the U.S. SDN list. Bakhtar Commercial was sanctioned under Section 3(a)(ii) of Executive Order 13846 for knowingly engaging in a significant transaction involving the purchase, acquisition, sale, transport or marketing of petroleum products from Iran;
On 29 October 2020, Hossein Firouzi Arani had been added to the U.S. SDN list. Hossein Firouzi Arani was sanctioned under Section 3(a)(ii) of Executive Order 13846 for knowingly engaging in a significant transaction involving the purchase, acquisition, sale, transport or marketing of petroleum products from Iran;
Iran’s petroleum and petrochemical industries are major sources of revenue for the Iranian regime and fund its malign activities throughout the Middle East.
Foreign financial institutions that knowingly facilitate significant transactions for, or persons that provide material or certain other support to, the Hossein Firouzi Arani, risk exposure to sanctions that could sever their access to the U.S. financial system or block their property and interests in property under U.S. jurisdiction;
“The Iranian regime benefits from a global network of entities facilitating the Iranian petrochemical sector,” said Secretary Steven T. Mnuchin. “The United States remains committed to targeting any revenue source the Iranian regime uses to fund terrorist groups and oppress the Iranian people.”;
Industry:
Oil Industry
Also Known As:
Hosein Firouzi Arani
Born:
22 Dec 1964
Country:
Iran
Address:
Fatemi Street West Corner Khazan Alley, Plaque 2, Tehran, Iran
Nationality:
Iran
National ID No.:
6199571101 (Iran)
