Info:
Turpami Limited is controlled by Najibi and used to obfuscate the MODAFL Supply Division’s international financial activity.
Between May and October 2023, Turpami Limited transferred approximately $40 million collectively to Sahara Thunder on behalf of MODAFL.
Seyyed Mohammad Mosanna’i Najibi (Najibi) is an Iranian-Turkish money-changer who, since at least 2019, has managed several currency exchange businesses in Iran and Türkiye in coordination with the MODAFL Supply Division for the purpose of bypassing U.S. and European sanctions on Iran. Najibi carries out most of his business for the MODAFL Supply Division through the Iranian branch of his business, Seyyed Mohammad Mosanna’i Najibi & Co. Company, commonly known as Sadaf Exchange. Najibi works with the MODAFL Supply Division to establish cover companies and accounts for MODAFL, hold MODAFL’s money in accounts outside of Iran, transport hard currency across borders, retrieve revenue from sale of Iranian oil, and transfer funds to suppliers of MODAFL, Iran’s Armed Forces General Staff (AFGS), and the IRGC. Since at least 2020, Najibi has worked directly with top MODAFL officials to execute transfers of U.S. dollars to bank accounts in the People’s Republic of China, the Marshall Islands, Türkiye, and the UAE on their behalf, including transfers related to MODAFL cargo shipments. Najibi has also provided direct financial assistance to the IRGC-Qods Force (IRGC-QF) through the sale of gold in Türkiye for U.S.-designated IRGC-QF official Behnam Shahriyari.
Involved In:
Financial Services
Also Known As:
Turpami Ltd
Organization Established Date:
17 Mar 2023
Country:
China
Address:
Unit 1307 Beverly Commercial Centre, 87-105 Chatham Road South, Tsim Sha Tsui, Hong Kong, China
Business Registration Number:
75012967 (Hong Kong)
Company Number:
3248858 (Hong Kong)