The United States has sanctioned three individuals and their company with links to Iran-backed Hezbollah for exploiting Lebanon’s economic resources for the benefit of the militant group.
Tag: Iran Regime Sanctions
U.S.-Iranian citizen accused of sending U.S. technology to Iran
According to officials, the man allegedly used two companies as fronts to procure items from multiple U.S. companies, including one in Massachusetts.
European companies are using creative methods to circumvent US sanctions to work with Mahan air
Expose how far some western companies are willing to go in order to try and avoid the repercussions of these sanctions and show the journey of a hundred thousand US dollars through the hands of Mahan Air.
Sojitz fined by US over rogue employees’ Iran trade transactions
Japanese trading conglomerate Sojitz has been hit with a multi-million dollar fine by US authorities after wayward employees secretly traded Iranian-origin goods in violation of economic sanctions on the country.
Additional due diligence may be required for many exports to China
The United States continues to tighten controls on the People’s Republic of China. In this article we address three regulatory changes that highlight the need for enhanced due diligence when dealing with
Illicit Iran trading network charged in US tied to vast money laundering network
When U.S. federal prosecutors unsealed charges last year alleging a two-decade conspiracy to evade sanctions on Iran, authorities may have tapped into a larger illicit trading network than they publicly revealed, according to an investigation by Kharon.
OFAC collects $133k from a US individual for violations of Iran sanctions program
In May 2019, OFAC released its Framework for a Sanctions Compliance Program. OFAC announced that it intended to increase the prosecution of individuals for sanctions violations. OFAC has brought two cases against individuals, and last week settled its third case against an individual since its May 2019 announcement.
U.S. blacklists three georgia-registered companies over Iran links
The U.S. Department of Commerce has entered thirty-seven entities under forty entries with three registered in Georgia to its list of entities acting contrary to the foreign policy or national security interests of the United States
US blacklists three companies for supporting Iran’s missile programme
The US Commerce Department on Thursday blacklisted three companies for attempting to provide support to Iran’s advanced conventional weapons and missile programmes via exports through China.
Tiandy’s Iran business, sells to Revolutionary Guard and military
PRC manufacturer Tiandy is supplying Iran’s Revolutionary Guard, police, and military while touting itself as an Iran-friendly alternative to other PRC manufacturers who do not have direct operations in Iran.
U.S. hits Iranian officials and entities with sanctions over rights abuses
The United States has slapped sanctions on about a dozen Iranian officials and entities accused of committing “serious” human rights abuses.
