Iran Sanctions

US seeks forfeiture of $47m in Iranian oil proceeds linked to IRGC

US seeks forfeiture of $47m in Iranian oil proceeds linked to IRGC

The US Justice Department has filed a civil forfeiture complaint seeking to seize $47 million in proceeds from the sale of nearly one million barrels of Iranian oil, alleging the funds benefited the IRGC and its Qods Force, both designated as terrorist organizations.

US offers $15M for info on Chinese tech suppliers to Iran

US offers $15M for info on Chinese tech suppliers to Iran

The US State Department’s Rewards for Justice program is offering up to $15 million for information on four Chinese individuals involved in supplying Iran’s Islamic Revolutionary Guard Corps (IRGC) with US-controlled technology.