Friday, 20 July, 2018

US hits Iran central bank governor Valiollah Seif with sanctions

US Imposes New Sanctions on Iran as 'Part of Aggressive Campaign' Against IRGC BREAKING: US sanctions Iran bank chief as a 'global terrorist' who funnels millions to Hezbollah
Faye Gross | 16 May, 2018, 11:52

On may 8 the President of the United States Donald trump announced the withdrawal from the agreement on Iran's nuclear program and has announced new sanctions against the Iranian regime.

The head of the U.S. Treasury Steven Mnuchin accused Seif in providing financial assistance to Hezbollah, the United States recognized terrorist organization.

The two were named "specially designated global terrorists" for allegedly assisting in funneling millions of dollars on behalf of Iran's Islamic Revolutionary Guards Corps' Quds Force (IRGC-QF) to support Lebanon's Hizballah militia, the OFAC said in a statement.

At the time, the U.S. singled out the Central Bank of Iran as "complicit" in the operation, foreshadowing Tuesday's action.

Seif is also under attack inside Iran.

"The United States will not permit Iran's increasingly brazen abuse of the worldwide financial system", said US Treasury Secretary Steven Mnuchin. "The global community must remain vigilant against Iran's deceptive efforts to provide financial support to its terrorist proxies".

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The moves come as Trump's administration, after deeming the 2015 nuclear deal insufficiently tough on Iran, seeks to construct a global coalition to place enough pressure on Tehran that it comes back to the negotiating table to strike a "better deal".

"The Iranian regime's deployment into Syria of offensive rocket and missile systems aimed at Israel is an unacceptable and highly risky development for the entire Middle East", the statement said. On this case, the USA selected to additionally impose "secondary sanctions", which additionally apply to non-Individuals and non-U.S. firms.

There was no immediate comment Tuesday night from Iranian officials. Iranian media initially reported the choice based mostly on reviews within the worldwide media.

"Iran will not violate the nuclear deal, but if the United States withdraws from the deal, they will surely regret it".

On Thursday, the Treasury announced sanctions against a "large scale" currency exchange network serving the Revolutionary Guards, hitting six individuals and three companies at the centre of the network.

Beginning August 7, the US will impose sanctions on the purchase or acquisition of US dollar banknotes by Iran's government, the US Treasury Department said. That signifies that anybody, in any nation, who does enterprise with Seif or Tarzali might themselves be punished with sanctions, reducing them off from the US monetary system.

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