Sunday, October 22nd | 2 Heshvan 5778

Close

Be in the know!

Get our exclusive daily news briefing.

Subscribe
April 12, 2013 7:59 am

US Blacklists Companies For Evading Iran Sanctions

avatar by News Editor

Email a copy of "US Blacklists Companies For Evading Iran Sanctions" to a friend

Natanz Nuclear Facility in Iran. Photo: Hamed Saber.

Times of Israel – The US is blacklisting an Iranian businessman, a Malaysian bank and a string of companies for allegedly attempting to evade economic sanctions against Iran.

The Treasury Department said Thursday that Babak Morteza Zanjani operated a network of front companies to help Iran access oil revenues in violation of US sanctions. The department said the network moved billions of dollars, including tens of millions to a company controlled by Iran’s elite Revolutionary Guard force.

Read full story.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner

Algemeiner.com