Info:
Sabafon is telecommunication company from Yemen. Iran Foreign Investment Company owns 10% of Sabafon Shares;
Iran Foreign Investment Company is used by the mullahs to invest money around the world and is investment arm of the “Oil stabilization Fund”. The U.S. Department of the Treasury identified Iran Foreign Investment Company (IFIC) to be owned or controlled by the Government of Iran. By identifying these entities – including banks, investment companies and technology firms – U.S. persons and others are better able to identify Iranian Government entities and protect themselves against the risks posed by such entities. IFIC is added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 11/05/2018;
Country:
Yemen
Established:
2001
Phone:
967 711 111 000
Web Site:
www.sabafon.com
E-mail:
webfeedback@sabafon.com.ye
Person of interests:
Mr. Hamadan Al Ahmar
Reason for the color:
» IFIC owns 10% of Sabafon Shares;