The U.S. Department of the Treasury yesterday took action to designate two major Iranian commercial entities -Tidewater Middle East Co. and Iran Air – under Iran sanctions regulations, MarineLog ...
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Central Bank of Iran – Involved In
IRGC purchase 51% of TCI in 2009
Last week, General Mohammad Ali Jafari, chief of the Islamic Passdaran Revolutionary Guards Corps (IRGC) noted that the IRGC does not face “many competitors or troublemakers” against its economic ...
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Babak Morteza Zanjani assisted the Central Bank of Iran to evade sanctions
A key facilitator for Iranian oil deals; oversees a group of companies and financial institutions involved in facilitating the transfer of millions of dollars to sanctioned entities in Iran. ...
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Turkish National Arrested for Conspiring to Evade U.S. Sanctions Against Iran, Money Laundering and Bank Fraud
An indictment was unsealed in the Southern District of New York against Reza Zarrab, aka Riza Sarraf, 33, a resident of Turkey and dual citizen of Turkey and Iran; ...
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Austria’s Oberbank and Raiffeisen Bank connected to Iran market
A senior Iranian trade official says Austria’s Oberbank and Raiffeisen Bank International (RBI) are now connected to Iranian banks. Tehran Chamber of Commerce Chairman Masoud Khansari said that the ...
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British Petroleum to clear debts to Iran
In 2005, National Iranian Oil Company (NIOC) and Britain’s largest oil firm BP launched a 656-million-dollar cooperation producing gas at the offshore gas field of Rhum in Scotland. BP ...
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