Tue, 2019-03-26 16:51
WASHINGTON: The US on Tuesday imposed fresh sanctions on a network of companies and people it said was transferring billions of dollars and euros to Iran’s elite Revolutionary Guards.
The US Treasury said it was blacklisting 25 people and entities, including front companies based in Iran, Turkey and the UAE, associated with Iran’s Islamic Revolutionary Guards Corps and the Ministry of Defense and Armed Forces Logistics, or MODAFL.
The targeted institutions include banks and other financial institutions, including Ansar Bank, Atlas Exchange and Iranian Atlas Company.
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