Tag Archive for US sanctions

White House fulfills threat by sanctioning Iran’s Quds Force

U.S. Sect. of Treasury Mnuchin announced sanctions on 6 people and 3 Iranian companies beginning with Iran’s central bank for actively helping the Revolutionary Guard’s elite Quds Force accessing millions US dollars held in foreign banks.

By Reuters

 

The US Treasury imposed sanctions on Thursday against six individuals and three companies it said had funneled millions of dollars to the Iranian Revolutionary Guard’s elite Quds Force, just days after President Donald Trump withdrew from the landmark 2015 Iran nuclear deal.

The Treasury Department said it was acting with the United Arab Emirates to disrupt the network and accused Iran’s central bank of actively helping the group to access US dollars held in foreign bank. Continue Reading »