OFAC designates Iranian sanctions evasion network

OFAC has imposed sanctions on 25 individuals and entities, pursuant to Executive Order (E.O.) 13224, which comprise a network of front companies based in Iran, the UAE and Turkey used by “the Iranian regime to illicitly move more than a billion dollars in funds” and provide funding to the Islamic Revolutionary Guard Corps (IRGC) and Iran’s Ministry of Defense and...

This content is for subscribers only

To continue reading please login or subscribe.

IranIran United StatesUnited States

About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

See profile for Michael O'Kane >