Info:
International Safe Oil (ISO) is assisting designated entities to violate the provisions of the EU regulation on Iran and is providing financial support to the government of Iran;
Part of the Sorinet Group;
Owned and operated by Babak Zanjani, used to channel Iranian oil-related payments;
Provides financial and other support to the national Iranian Oil Company (NIOC) and Naftiran Intertrade Company Ltd. (NICO);
Also Known As:
ISO
Account International Safe Oil
Country:
Malaysia
Address:
Tazunit Level 13, Main Office Tower Financial Park Labuan, Jalan Merdeka, 87000, Federal Territory of Labuan, Malaysia
Person of interests:
Babak Zanjani;
Reason for the color:
» Designated by the U.S. Department of the Treasury (on April 11, 2013) pursuant to Executive Order 13382, which targets weapons of mass destruction proliferators and their supporters;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;
» Designated by the European Union (on December 22, 2012) for providing financial support to the government of Iran;
» removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action;