Info:
Vo Ngoc Phung – Managing Director at Vietnam Gas And Chemicals Transportation Corporation;
The Department of State imposed sanctions on Vo Ngoc Phung pursuant to E.O. 13846 on the company’s Managing Director, Vo Ngoc Phung, for serving as a principal executive officer of the company;
The Department of State imposed sanctions on Vietnam Gas and Chemicals Transportation Corporation pursuant to E.O. 13846 in connection with significant transactions for the transport of petroleum products from Iran, on or after November 5, 2018;
Iranian petrochemical sales are an important revenue source for the Iranian regime, generating wealth for its corrupt leaders and financing a range of nefarious activities, including the proliferation of weapons of mass destruction and their means of delivery, support for foreign terrorist groups, and a variety of human rights abuses, at home and abroad;
“Iran’s petrochemical and petroleum sectors are primary sources of funding for the Iranian regime, which it uses to support its malign domestic and foreign agenda,” said Secretary Steven T. Mnuchin. “The United States will act against persons who support illicit actors engaged in the movement of Iranian petroleum and petrochemical sales.”;
Industry:
Oil Industry
Born:
10 Dec 1981
Country:
Vietnam
Address:
Ho Chi Minh City, Vietnam
Nationality:
Vietnam
Website:
www.pct.com.vn
E-mail:
info@pct.com.vn
National ID No.:
025552813 (Vietnam)
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 December 16, 2020 pursuant to Executive Order 13846 on the company’s Managing Director, Vo Ngoc Phung, for serving as a principal executive officer of the company;
» Sanctioning Supporters of Iran’s Petroleum and Petrochemical Sectors;