The United States has imposed new sanctions on 39 entities linked to the Iranian regime for money laundering

The government of UNITED STATES imposed on Thursday new sanctions against 39 from entities linked to the Iranian authoritieswhom he accuses of helping Iran to escape punishment previously imposed by Washington.

He Treasury Department announced sanctions against a shadow banking networkwhom he accuses of being part of a illicit financial system multijurisdictional, which would give access to various Iranian entities to the international financial systemamong which are the Persian Gulf Petrochemical Industry Commercial and Triliance Patrochemical.

“Iran cultivates complex sanctions evasion networks in which foreign buyers, exchange houses and dozens of front companies cooperatively help sanctioned Iranian companies to continue their business activities,” the undersecretary told AFP. Treasure, Wally Adeyemo.

The US official argued that this measure “demonstrates the U.S. Commitment to Enforce Sanctions and Ability to Disrupt Iran’s Foreign Financial Networkswho (this) uses to launder funds.

Front companies would operate from Hong Kong, Singapore or the United Arab Emirates, according to what the American authorities learned. These would make it possible “to orchestrate Millions of dollars worth of petrochemicals sold by Iran-based companies to overseas buyersor, by concealing their participation in such sales”.

In addition, to facilitate the shipment of petrochemical sales, they would have coordinated fleets of ships, as reported by the Treasury Department.

US Secretary of State, Anthony Blinkstressed that the Biden administration “will continue to thwart attempts to evade US sanctions,” using the tools at its disposal “to protect both the United States and the international financial system.”

The United States has also imposed sanctions against a network of companies based in China for the charges of having sent aerospace parts to an Iranian company involved in the production of drones which Tehran used to attack tankers and exported to Russia for the war in Ukraine.

The US Treasury Department said in a statement that it had imposed sanctions on five companies and one individual it accused of supporting Iran’s efforts to acquire unmanned aerial vehicles (UAVs).

According to the Treasury, the network is responsible for selling and shipping thousands of aerospace components, including those that can be used for UAV applications, to the Iranian Industrial Aircraft Manufacturing Company.

This company was involved in the production of the unmanned aerial vehicle model Shahed-136 that Iran is used to attack tankers and exported to Russia, according to the Treasury. Putin’s forces caused heavy damage and many deaths using these drones against Ukraine, especially in their early stages, when local forces had no specific technology to effectively stop them.

“Iran is directly implicated in Ukrainian civilian casualties resulting from Russia’s use of Iranian drones in UkraineUndersecretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson said in the statement.

Firms sanctioned include Chinese companies from Hangzhou, Shenzhen, Guilin and Hong Kong which the Treasury says sent light engines and other drone components to HESA, controlled by Iran’s Defense Ministry.

(With information from Europa Press, Reuters and AFP)

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