Ali Almutawa

ifmat-blackcompanies

Treasury-designated Triliance has used its UAE-based front company Ali Almutawa to send and receive tens of millions of dollars’ worth of payments related to the sale and purchase of Iranian petroleum products, including gasoline and naphtha

Country:

United Arab Emirates  

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:
Treasury-designated Triliance Petrochemical Co. Ltd. (Triliance) has used its UAE-based front company Ali Almutawa Petroleum and Petrochemical Trading L.L.C (Ali Almutawa) to send and receive tens of millions of dollars’ worth of payments related to the sale and purchase of Iranian petroleum products, including gasoline and naphtha.

One of Ali Almutawa’s customers is UAE-based Petrokick LLC, which has purchased tens of millions of dollars’ worth of Iranian petroleum products from the company. Petrokick LLC has also purchased millions of dollars’ worth of oil products from Behran Oil for onward shipment to the UAE. Petrokick LLC has sold hundreds of millions of dollars’ worth of Iranian oil products shipped to the UAE.

Triliance was designated pursuant to E.O. 13846 on January 23, 2020, for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of the National Iranian Oil Company (NIOC).

Behran Oil was designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, Bonyad Mostazafan, a business empire owned by the Supreme Leader and designated pursuant to E.O. 13876.

Ali Almutawa Petroleum and Petrochemical Trading L.L.C is being designated for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, Triliance. Petrokick LLC is being designated for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, Behran Oil.

Also Known As:
Ali Almutawa Petroleum and Petrochemical Trading L.L.C

Country:
United Arab Emirates

Address:
Office No. M02-M06, City Gate Bldg, Bin Ham Properties, Port Saeed, Dubai, Deira, United Arab Emirates

License:
880522 (United Arab Emirates)

Economic Register Number (CBLS):
11502399 (United Arab Emirates)

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 July 6, 2022 pursuant to Executive Order 13846 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, Triliance;