The US Treasury took fresh aim Tuesday at the international network funnelling dollars and euros to Iran’s Islamic Revolutionary Guard Corps (IRGC), naming 25…
The US Treasury took fresh aim Tuesday at the international network funnelling dollars and euros to Iran’s Islamic Revolutionary Guard Corps (IRGC), naming 25 individuals and entities for financial sanctions.
The targets were front companies of the IRGC-controlled Ansar Bank and Ansar Exchange in Iran, Turkey and the United Arab Emirates, that have collectively been able to move more than $1 billion for the Tehran regime, the Treasury said.
The funds have benefitted both the IRGC and the Ministry of Defense and Armed Forces Logistics, according to a Treasury announcement.
