Sima General Trading Co FZE

Involved in obtaining and transferring U.S. currency to Iran, part of a network of front companies and individuals acting on behalf of the Iranian Regime to circumvent international sanctions, engaged in petrochemical exports

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:
A Dubai-based trading company; part of a network of front companies and individuals acting on behalf of the Government of Iran to circumvent international sanctions; Engaged in petrochemical exports;

Reportedly involved in obtaining and transferring U.S. currency to Iran;

Part of a network of front companies and individuals acting on behalf of the Government of Iran to circumvent international sanctions;

Acted on behalf of various Iranian government entities and conspired with Greek businessman Dimitris Cambis to help Iran evade sanctions;

Acted as a financier for a front company owned by Cambis in order to facilitate the purchase of oil tankers; the tankers were purchased on behalf of National Iranian Tanker Company (NITC);

Seyyedi controls several other front companies operating in the United Arab Emirates (UAE) including KASB International LLC, Petro Royal FZE, and AA Energy FZCO, that he uses to assist Naftiran Intertrade Company (NICO) and NICO front companies;

Also Known As:
Sima General Trading & Industrials for Building Material Co FZE
Sima General Trading Company

Involved In:
Missile Weapon program

Country:
United Arab Emirates

Address:
Office No. 703, Office Tower, Twin Tower, Baniyas Rd., Deira, P.O. Box 49754, Dubai, United Arab Emirates

Phone:
2282142

Person of interests:
Seyed Nasser Mohammad Seyyedi

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 05, 2018 pursuant to Executive Order 13224;
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on March 14, 2013, pursuant to Executive Order 13599;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action, but identified as a part of the Government of Iran, prohibiting transactions with U.S. parties;