Three companies and two individuals added to U.S sanction list

 

The U.S Treasury Department added Lebanese companies Synergy SAL and BS Company to the list of sanctions. Both companies have imported tens of thousands of metric tons of Iranian oil into Syria by sea.

Hours later An Iraqi company and two of its affiliates were also added to list of sanctions by the Treasury Department for their connection to the Quds Force of the Islamic Revolutionary Guard Corps (IRGC).

The South Wealth Resources Company (SWRC) is accused of helping Iran’s Quds Force evade sanctions by smuggling hundreds of millions of dollars worth of weapons. These weapons are now in the hands of the IRGC-backed militia in Iraq.

According to the State Department, the company and its two affiliates, al-Assadi and al-Hassani have all violated U.S sanctions against Iran.

Treasury Secretary Steven Mnuchin said in a statement: "Treasury is taking action to shut down Iranian weapons smuggling networks that have been used to arm regional proxies of the IRGC Qods Force in Iraq, while personally enriching regime insiders.”

According to Reuters, US officials said that the company's operation also benefited Abu Mahdi al-Muhandis, a previously sanctioned Iraqi adviser to IRGC-Quds Force commander Qassem Soleimani. Al-Muhandis is the head of the weapon’s smuggling network and several assassinations and bombing of embassies in Iraq.

 

Iran in Brief
Abbas Araghchi, the deputy foreign minister of the Islamic Republic of Iran says there have been beneficial contacts between Iran and the United Arab...More
Pirouz Hanachi, the mayor of Tehran responded to the city’s alarming air pollution levels by saying: “Counting today, we have had nine consecutive...More
The chairman of Iran’s Atomic Energy Organization said: “The Islamic Republic of Iran is ready to cooperate scientifically and share experiences with...More
Several pensioners were arrested on Sunday during a gathering in front of the Parliament in Tehran. The protesters’ demands included free health...More
Reportes from Baghdad indicate that over 100 thousand Iraqi protesters have gathered in Baghdad’s Tahrir square. A number of protesters tried to...More