Middle East Saman Chemical Company

ifmat - Shaman Chemical

Sayyed Reza Musavifar is a part owner of Middle East Saman Chemical Company, an Iran-based company that maintained an account at Rashed Exchange, an Iran-based exchange house used to convert currency for the IRGC-QF

Country:

Iran  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Saman Chemical Company has been producing diverse paints since its establishment in 1973. This company has accomplished a series of remarkable achievements with having service present in a wide range including formulation and manufacturing of a variety of protective, anti-corrosion, industrial, synthetic and decorative paints;

Sayyed Reza Musavifar is a part owner of Middle East Saman Chemical Company, an Iran-based company that maintained an account at Rashed Exchange, an Iran-based exchange house used to convert currency for the IRGC-QF that was designated in May 2018 for being owned or controlled by Mohammadreza Khedmati, an individual designated for support to the IRGC-QF;

Sayyed Reza Musavifar is responsible for the accounts and finances of AKMS, has worked with the IRGC-QF to transfer money to terrorist militias, including KH and Lebanese Hizballah. In 2014, Musavifar transferred the equivalent of millions of dollars of foreign currency to senior IRGC-QF officials;

Sayyed Reza Musavifar is being designated pursuant to E.O. 13224 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF. Middle East Saman Chemical Company is being designated pursuant to E.O. 13224 for being owned, controlled, or directed by, or to have acted or purported to act for or on behalf of, directly or indirectly, Sayyed Reza Musavifar;

Al Khamael Maritime Services (AKMS), an Iraq-based company operating out of Umm Qasr port in which the IRGC-QF has a financial interest. The IRGC-QF leveraged Shiite militia group contacts to evade Iraqi government inspection protocol at Umm Qasr port and has charged foreign companies and vessels fees for services at its terminal at the port. AKMS also worked to sell Iranian-origin petroleum products in contravention of U.S. sanctions against the Iranian regime;

AKMS is being designated pursuant to E.O. 13224 for being owned, controlled, or directed by, directly or indirectly, the IRGC-QF;

Industry:
Chemical Industry

Also Known As:
Middle East Saman Chemical Trade Company
Middle East Saman Chemical Trading
Middle East Saman Shimi Trading Company
Saman Chemical Company
Saman Middle Eastern Chemical Company
Saman Shimi Khavarmianeh LTD.
Saman Shimi Middle East
MSC

Country:
Iran

Address:
Aghadasieh-Shahid Movahed Danesh st.-Nilufar St.-Placard, 2-4th Floor, Unit 401, Tehran, Iran

National ID No.:
10340455609 (Iran)

Phone:
(+9821) 88727070-9

Reason for the color:
» 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 March 26, 2020 pursuant to Executive Order 13224 for being owned, controlled, or directed by, or to have acted or purported to act for or on behalf of, directly or indirectly, Sayyed Reza Musavifar;