Info:
According to Islamic Corporation for the Development of the Private Sector website Iran Foreign Investment Company (IFIC) and Bank Melli are shareholders in the Islamic Corporation for the Development of the Private Sector;
Iran Foreign Investment Company (IFIC) is an entity that is owned or controlled by the Government of Iran;
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;
Bank Melli is designated by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 05, 2018;
Gfh Capital is established by the Islamic Corporation for the Development of the Private Sector (ICD);
Also Known As:
ICD
ICD-PS
Established:
1999
Country:
Saudi Arabia
Address:
Hizam Palace Port Street, P.O. Box 54069, Jeddah, 21514
Phone:
966-12 644 1644
Website:
www.icd-ps.org
Person of interests:
Mr. Khaled Mohammed Al-Aboodi (Chief Executive Officer, General Manager and Director )
Reason for the color:
» IFIC and Bank Melli owns shares in Islamic Corporation for the Development of the Private Sector;