Ahmad Derakhshandeh

Former Chairman of the Board and Managing Director of Bank Sepah

Status:Medium Alert – Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.

Risk Level:unknown %

Info:
Former Chairman of the Board and Managing Director of Bank Sepah, a large Iranian state-owned bank that has provided critical financial services to Iran’s missile program;

Also Known As:
Derakhshandeh, Ahmad

Involved In:
Missile Weapon program

Country:
Iran

Address:
– c/o Bank Sepah, No. 33 Hormozan Building, Pirozan Street, Sharak Ghods, Tehran, Iran – Number 7, Africa Highway, Africa Square, Tehran, Iran

Phone:
98 21 88647001, 98 21 88647002

E-Mail:
modiran@banksepah.ir

Reason for the color:
» Listed in an annex to U.N. Security Council resolution 1747 of March 24, 2007, as a person involved in Iran’s nuclear or ballistic missile activities; with some exceptions, the designation requires states to freeze the financial assets on their territories which are owned or controlled by the person, by its agents, or by entities it controls;
» Removed from the U.N. list in January 2016 by U.N. Security Council resolution 2231;
» Listed by the European Union on April 20, 2007, pursuant to U.N. Security Council resolution 1747, as a person whose funds and economic resources, and those it owns, holds, or controls, must be frozen by E.U. member states;
» Removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action;
» 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 January 9,2007, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;