WASHINGTON: The United States on Wednesday imposed sanctions on three people and four firms across Iran, and some other states for allegedly helping to export items and technology purchased from US companies to Iran and the country’s central bank.
Treasury’s Office of Foreign Assets Control said the procurement network transported US technology to be used by Iran’s Central Bank in breach of US export sanctions.
The department said some of the materials purchased by the Central Bank of Iran were items classified as information security items and were subject to national security and anti-terrorism control by the Commerce Department.
Informatics Services Corp, an Iranian subsidiary of Iran’s Central Bank; a UAE-based company, which acquired US tech for the Central Bank of Iran and the front company’s CEO, as well as a Turkiye-based firm are among those sanctioned by the US.
“The Central Bank of Iran has played a critical role in providing financial support to” Iran’s Islamic Revolutionary Guard and militant group Hezbollah, said Treasury Under Secretary Brian E. Nelson.
He said the United States will continue to use all available means to stop Iran’s illicit attempts to procure sensitive US technology and critical inputs.
The sanctions block access to US property and bank accounts and stop the targeted people and companies from doing business with Americans.
