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Scratch a terrorist and find Iran’s fingerprints… OFAC did

OFAC today added the following persons:

CELIK, Abdulhamid (a.k.a. CELIK, Abdulhamit; a.k.a. CHELIK, Abdulhamit), Turkey; DOB 01 Feb 1968; POB Mardin, Kiziltepe, Turkey; nationality Turkey; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport U00093082 (Turkey); National ID No. 55735353242 (Turkey) (individual) [SDGT] [IFSR] (Linked To: SHAHRIYARI, Behnam). 

ETTEHADI, Esam (Arabic: عصام اتحادی), Iran; DOB 31 Jul 1989; POB Ahvaz, Iran; citizen Iran; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport N48228437 (Iran) expires 10 Mar 2024; National ID No. 1820011917 (Iran) (individual) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

GUNDUZ, Seyyid Cemal, Turkey; DOB 12 Jan 1957; POB Bakirkoy, Turkey; nationality Turkey; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport U10533074 (Turkey); National ID No. 11581778738 (Turkey) (individual) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

HAMIDI, Mihrab Suhrab (a.k.a. HAMIDI, Mikhrab Sukhrab; a.k.a. MIHRAB, Suhrab Hamidi), Moscow, Russia; DOB 15 Dec 1970; nationality Afghanistan; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport P02458563 (Afghanistan); Tax ID No. 771387042305 (Russia) (individual) [SDGT] [IFSR] (Linked To: RPP LIMITED LIABILITY COMPANY).

KARIMIAN, Mohammad Sadegh, Tehran, Iran; DOB 22 May 1987; POB Semirom, Esfahan, Iran; nationality Iran; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport T47389358 (Iran) expires 30 Jan 2024; National ID No. 1209880970 (Iran) (individual) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

KASHANIMEHR, Alireza (a.k.a. KASHANI, Alireza; a.k.a. XASHANIMEHR, Alireza), Iran; DOB 13 Mar 1990; nationality Iran; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport R40925019 (Iran) expires 14 Mar 2022; alt. Passport X15243089 (Iran) expires 05 Feb 2014 (individual) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

KASKARIY, Abdulaziz (a.k.a. CASCARI, Abdulaziz), Street 11/5, Number 4, Apartment 9, Istanbul, Zeytinburnu District 34025, Turkey; 2nd Floor, 32 Itaewon-ro 14-gil, Itaewon 1-dong, Yongsan-gu, Seoul, Korea, South; DOB 09 Jun 1991; nationality Turkey; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886 (individual) [SDGT] (Linked To: TURKOCA IMPORT EXPORT TRANSIT CO., LTD.).

MONZAVI, Azim (Arabic: عظیم منزوی), Iran; DOB 20 Sep 1963; POB Shahrekord, Iran; citizen Iran; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport A30472984 (Iran) expires 08 Jul 2019; alt. Passport E49290734 (Iran) expires 16 Jun 2024; National ID No. 4622001640 (Iran) (individual) [SDGT] [IRGC] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

NABIZADA, Kamaluddin Gulam (a.k.a. NABI, Kamalden Ghulam; a.k.a. NABI, Kamaluddin Gulam; a.k.a. NABIZADA, Kamal; a.k.a. NABIZADAH, Kamaluddin), Afghanistan; Prospect Mira, Moscow, 129110, Russia; DOB 27 Nov 1957; POB Mazare Sharif, Afghanistan; alt. POB Balkh Province, Afghanistan; nationality Afghanistan; alt. nationality Russia; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886 (individual) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

SANLI, Hakki Selcuk, Turkey; DOB 01 Apr 1956; POB Adana, Turkey; nationality Turkey; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport U24492445 (Turkey) expires 31 May 2031; National ID No. 17107188340 (Turkey) (individual) [SDGT] [IFSR] (Linked To: SHAHRIYARI, Behnam).

and entities:

CHINA HAOKUN ENERGY LIMITED (a.k.a. CHINA HAOKUN ENERGY CO., LTD. (Chinese Traditional: 中國昊坤能源有限公司)), Unit 502, 5/F, 87-105 Chatham Road South, Kowloon, Hong Kong, China; Room 1701, 17/F, Hong Kong Trade Centre, Nos. 161-167 Des Voeux Road Central, Hong Kong, China; Unit 502, 5/F, 87-105 Chatham Road South, Tsim Sha Tsui, Kowloon, Hong Kong, China; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; C.R. No. 2444610 (Hong Kong); Legal Entity Number 549300EKQFUDEPZTLV86 (Hong Kong) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE). 

CONCEPTO SCREEN SAL OFF-SHORE (a.k.a. CONCEPTOSCREEN), Mirna Chalouhi Commercial Center, Boulevard Sin El-Fil, Beirut, Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 10 Jan 2008; License 1802294 (Lebanon) [SDGT] (Linked To: HIZBALLAH).

FUJIE PETROCHEMICAL ZHOUSHAN CO., LTD. (a.k.a. "FUJIE PETROCHEM"), 304-15, Ganghang Building, Shengsixian Maji Shangang District, Zhoushan, Zhejiang, China; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Registration Number 330935000003013 (China) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

HAOKUN ENERGY GROUP COMPANY LIMITED (a.k.a. HAOKUN ENERGY GROUP CO., LTD. (Chinese Simplified: 昊坤能源集团有限公司); a.k.a. "HAOKUN ENERGY"), Building 6, Central District, Haidian District, Beijing 100191, China; Website www.haokunny.com; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Unified Social Credit Code (USCC) 911101053063517353 (China) [SDGT] (Linked To: CHINA HAOKUN ENERGY LIMITED).

PETRO CHINA PARS CO. (Arabic: شرکت پترو چین پارس) (a.k.a. PARS PETROCHINA COMPANY), No. 25, Second Alley, Zarafshan Shomali, Shahrak Qarb, Tehran, Iran; First Floor, Unit No. 281, Salehiar Commercial Complex, Chabahar Free Zone 9971769479, Iran; Website www.petrochinapars.com; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 25 May 2013; National ID No. 14003437540 (Iran); Registration Number 1825 (Iran) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

RPP LIMITED LIABILITY COMPANY (Cyrillic: ОБЩЕСТВО С ОГРАНИЧЕННОЙ ОТВЕТСТВЕННОСТЬЮ РПП) (a.k.a. "LLC RPP"; a.k.a. "OOO RPP" (Cyrillic: "ООО РПП"); a.k.a. "RPP LLC"), 6/26 Floor/Rm, Bldg. 10-2, Nab. Presnenskaya, Moscow 125039, Russia; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 12 Nov 2015; Tax ID No. 7704335359 (Russia); Registration Number 5157746040645 (Russia) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

SHANDONG SEA RIGHT PETROCHEMICAL CO., LTD. (f.k.a. SHANDONG CHENXI PETROCHEMICAL CO., LTD.; a.k.a. SHANDONG HAIYOU PETROCHEMICAL GROUP CO. LTD. (Chinese Simplified: 山东海右石化集团有限公司)), Industrial Park, Xiazhuang Town, Ju County, Rizhao, Shandong 276514, China; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 22 Aug 2006; Organization Code 792470309 (China); Legal Entity Number 300300F6NDTLFTB20270 (China); Registration Number 371100228041077 (China); Unified Social Credit Code (USCC) 91371122792470309X (China) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

TURKOCA IMPORT EXPORT TRANSIT CO., LTD. (Korean: 투르코사 수출입 트랜짓 주식회사) (f.k.a. TUREUKOSASUCHULIPTEULAENJIT CO., LTD.), Rm 401, 4/F, Rishu Bldg, 25 Hangang-daero 48-gil, Yongan-gu, Seoul 04382, Korea, South; Daekyong building, Ground floor 9-79, 59-1 Duteopbawi-ro, Huam-dong, Yongsan-gu, Seoul, Korea, South; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 18 Nov 2019; Business Registration Number 3858701478 (Korea, South); Registration Number 1101117294773 (Korea, South) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

ZAMANOIL DMCC (a.k.a. ZAMANOIL - DMCC (Arabic: زمانويل - م.د.م.س)), Jumeirah Lakes Towers Unit No: Au-06-F, Gold Tower (Au), Plot No, Dubai, United Arab Emirates; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 22 Nov 2018; Registration Number DMCC-582921 (United Arab Emirates) [SDGT] [IFSR] (Linked To: ISLAMIC REVOLUTIONARY GUARD CORPS (IRGC)-QODS FORCE).

to their counter terrorism sanctions program, and removed the following existing designations:

UKRAINIAN-MEDITERRANEAN AIRLINES (a.k.a. UKRAINSKE-TSCHERMOMORSKIE AVIALINII; a.k.a. UM AIR), 7 Shulyavska Street, Kiev 03055, Ukraine; Building Negin Sai Apartment 105, Valiasr Street, Tehran, Iran; 29 Ayar Street, Julia Dumna Building, Damascus, Syria; 38 Chkalova Street, building 1, office 10, Minsk, Belarus; Additional Sanctions Information - Subject to Secondary Sanctions [SDGT] [IFSR]. 

UM AIR (a.k.a. UKRAINIAN-MEDITERRANEAN AIRLINES; a.k.a. UKRAINSKE-TSCHERMOMORSKIE AVIALINII), 7 Shulyavska Street, Kiev 03055, Ukraine; Building Negin Sai Apartment 105, Valiasr Street, Tehran, Iran; 29 Ayar Street, Julia Dumna Building, Damascus, Syria; 38 Chkalova Street, building 1, office 10, Minsk, Belarus; Additional Sanctions Information - Subject to Secondary Sanctions [SDGT] [IFSR].

UKRAINSKE-TSCHERMOMORSKIE AVIALINII (a.k.a. UKRAINIAN-MEDITERRANEAN AIRLINES; a.k.a. UM AIR), 7 Shulyavska Street, Kiev 03055, Ukraine; Building Negin Sai Apartment 105, Valiasr Street, Tehran, Iran; 29 Ayar Street, Julia Dumna Building, Damascus, Syria; 38 Chkalova Street, building 1, office 10, Minsk, Belarus; Additional Sanctions Information - Subject to Secondary Sanctions [SDGT] [IFSR].

MERHEJ, Rodrigue Elias (a.k.a. MERKHEZH, Rodrig); DOB 1970; alt. DOB 1969; alt. DOB 1971; POB Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions (individual) [SDGT] [IFSR].

MERKHEZH, Rodrig (a.k.a. MERHEJ, Rodrigue Elias); DOB 1970; alt. DOB 1969; alt. DOB 1971; POB Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions (individual) [SDGT] [IFSR].

And the press releases from the State Department:

Targeting an Oil Smuggling Network Supporting the IRGC-QF and Hizballah

PRESS STATEMENT

ANTONY J. BLINKEN, SECRETARY OF STATE

MAY 25, 2022Share

The United States remains fully committed to imposing costs on the Iranian regime for its support to terrorist proxies that destabilize the Middle East.  To that end, today the United States is designating an international oil smuggling and money laundering network, led by Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) official Behnam Shahriyari and former IRGC-QF official Rostam Ghasemi, both of whom are designated persons.  This network is backed by senior levels of the Russian Federation government and state-run economic enterprises.  It has facilitated the sale of hundreds of millions of dollars’ worth of oil for the IRGC-QF and Hizballah, and it spans several jurisdictions, including Iran and Russia.  The IRGC-QF’s support for proxy militant groups continues to perpetuate conflict and suffering throughout the region.

We are taking this action pursuant to the counterterrorism authority Executive Order (E.O.) 13224, as amended.  The IRGC-QF was designated pursuant to E.O. 13224 in 2007 for providing support to multiple terrorist groups.

While the United States continues to seek a mutual return to full implementation of the Joint Comprehensive Plan of Action (JCPOA), we will strictly enforce sanctions on Iran’s illicit oil trade. We will not hesitate to target those who provide critical support for the IRGC or Hizballah and facilitate their access to the international financial system. We work vigorously to counter sanctions evasion and continue to strictly enforce sanctions on Iran’s illicit oil trade. Anyone purchasing oil from Iran faces the prospect of U.S. sanctions.

and Treasury Department:

Treasury Targets Oil Smuggling Network Generating Hundreds of Millions of Dollars for Qods Force and Hizballah

May 25, 2022

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating an international oil smuggling and money laundering network led by Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) officials that has facilitated the sale of hundreds of millions of dollars’ worth of Iranian oil for both the IRGC-QF and Hizballah. This oil smuggling network, led by U.S.-designated IRGC-QF official Behnam Shahriyari and former IRGC-QF official Rostam Ghasemi and backed by senior levels of the Russian Federation government and state-run economic organs, has acted as a critical element of Iran’s oil revenue generation, as well as its support for proxy militant groups that continue to perpetuate conflict and suffering throughout the region.

“The United States remains fully committed to holding the Iranian regime accountable for its support to terrorist proxies that destabilize the Middle East,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence, Brian E. Nelson. “While the United States continues to seek a mutual return to full implementation of the Joint Comprehensive Plan of Action, we will not hesitate to target those who provide a critical lifeline of financial support and access to the international financial system for the Qods Force or Hizballah. In particular, the United States will continue to strictly enforce sanctions on Iran’s illicit oil trade. Anyone purchasing oil from Iran faces the prospect of U.S. sanctions.”

Today’s action is being taken pursuant to the counterterrorism authority Executive Order (E.O.) 13224, as amended. The IRGC-QF was designated pursuant to E.O. 13224 on October 25, 2007 for providing support to multiple terrorist groups.

THE RUSSIAN GOVERNMENT AND IRGC-QF OIL

As early as April 2021, former IRGC-QF official Rostam Ghasemi leveraged Russia-based RPP  Limited Liability Company (RPP LLC) — formerly managed by Afghan businessman Kamaluddin Gulam Nabizada — to transfer millions of dollars on behalf of the IRGC-QF from Russia.  

Nabizada, the former Afghan Charge d’Affaires in Moscow, has raised funds for the IRGC-QF in coordination with senior levels of the Russian government and intelligence apparatus. Russia-based Nabizada has previously been linked to a corrupt scheme to defraud the Afghanistan-based Kabul Bank, resulting in the widespread loss of confidence in the Afghan banking sector and the loss of more than $800 million to the Afghan government and its people.

Mihrab Suhrab Hamidi is the current manager of RPP LLC. Some of the oil sales and transport to which RPP LLC was a party while Hamidi was manager were overseen by Rostam Ghasemi.

UAE-based Zamanoil DMCC has also worked with the Russian government and Russian state-owned Rosneft to ship large quantities of Iranian oil to companies in Europe on behalf of the IRGC-QF.

Nabizada, Zamanoil DMCC, and RPP LLC are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF. Hamidi is being designated pursuant to E.O. 13224, as amended, for having acted or purported to act for or on behalf of, directly or indirectly, RPP LLC.

IRGC-QF FACILITATORS AND INTERLOCUTORS

Iran-based IRGC-QF associates Mohammad Sadegh Karimian and Alireza Kashanimehr help facilitate the illicit sale of Iranian oil for the IRGC-QF. Both have traveled from Iran to Turkey and worked with Shahriyari’s network to conceal the source of the proceeds from these sales. Additionally, Karimian, with the assistance of Nabizada, arranged the sale and transport of tens of thousands of tons of oil on behalf of senior IRGC-QF officials Shahriyari and Ghasemi.

Mohammad Sadegh Karimian and Alireza Kashanimehr are both being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF.

Iran-based Azim Monzavi is an IRGC official who facilitates oil sales on behalf of the IRGC. Monzavi has worked with Shahriyari to facilitate payments for oil from Venezuelan state-owned oil and natural gas company, PDVSA.

Iran-based IRGC associate Esam Ettehadi has assisted in brokering and finalizing oil deals in the interest of the IRGC, some of which were customers in the People’s Republic of China (PRC) and Russia. Monzavi and Ettehadi have both brokered and finalized oil deals in coordination with Shahriyari and Ghasemi.

Azim Monzavi and Esam Ettehadi are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF.

TURKEY-BASED IRGC-QF MONEY LAUNDERING NETWORK

Turkey-based IRGC-QF associates Hakki Selcuk SanliAbdulhamid Celik, and Seyyid Cemal Gunduz have worked with Shahriyari to conceal the source of proceeds from illicit Iranian oil and petrochemical sales. These transactions include the sale of Iranian petrochemicals worth more than $6 million. Sanli, Celik and Gunduz also concealed the transfer and sale of millions of dollars’ worth of gold and its equivalent in cash on behalf of the IRGC-QF.

Sanli cofounded an IRGC-associated extremist organization known as Tawhid-Salam in the 1990s, of which Celik was also a member. Tawhid-Salam received funding through close collaboration with IRGC-QF finance officials operating in Turkey. Sanli and Celik served prison sentences in Turkey for their roles in the murder of two opponents of the Iranian government. Celik also worked with Tawhid-Salam, supplying a bomb for a 2011 attack in Istanbul which injured several people.

Shahriyari has leveraged the Republic of Korea-based Turkoca Import Export Transit Co., Ltd. as a pass-through entity to facilitate the transfer of millions of dollars by falsifying invoices with the assistance of Celik and Turkey-based Abdulaziz Kaskariy who is Turkoca’s sole principal.

Hakki Selcuk Sanli and Abdulhamid Celik are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Behnam Shahriyari.

Seyyid Cemal Gunduz and Turkoca Import Export Transit Co., Ltd. are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF.

Abdulaziz Kaskariy is being designated pursuant to E.O. 13224, as amended, for being a leader or official of Turkoca Import Export Transit Co., Ltd.

HIZBALLAH FRONT COMPANY

The IRGC-QF and U.S.-designated Hizballah officials, including Muhammad Qasim al-Bazzal and Muhammad Qasir, have used Lebanon-based Concepto Screen SAL Off-Shore to facilitate oil deals likely benefiting the IRGC-QF and Hizballah.

Concepto Screen SAL Off-Shore is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Hizballah.

PRC- AND HONG KONG-BASED OIL PURCHASERS AND FACILITATORS

Hong Kong-based energy company China Haokun Energy Limited, a subsidiary of Beijing-based Haokun Energy Group Company Limited, has purchased millions of barrels of Iranian oil, valued at tens of millions of dollars, from the IRGC-QF. Shahriyari brokered the sales to facilitate the transfer of funds from China Haokun to the IRGC-QF.

China Haokun Energy Limited is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF. Haokun Energy Group Company Limited is being designated pursuant to E.O. 13224, as amended, for owning or controlling, directly or indirectly, China Haokun Energy Limited.

Iran-based Petro China Pars Co. is a joint venture between Iranian and PRC-based energy companies, with Iran’s Pars Phenol Pars the majority shareholder. PRC-based Fujie Petrochemical Zhoushan Co., Ltd. is a subsidiary of Petro China Pars. Both companies were involved in the sale and purchase of tens of millions of dollars’ worth of Iranian crude oil from the IRGC-QF, proceeds from which were laundered through Shahriyari’s Turkey-based IRGC-QF associates.

PRC-based Fujie Petrochemical Zhoushan Co., Ltd., and Iran-based Petro China Pars Co. are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF.

PRC-based Shandong Sea Right Petrochemical Co. Ltd. has made payments related to IRGC-QF oil sales and front companies. Shandong Sea Right is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF.

SANCTIONS IMPLICATIONS

As a result of today’s action, all property and interests in property of the individuals and entities named above, and of any entities that are owned, directly or indirectly, 50 percent or more by them, individually, or with other blocked persons, that are in the United States or in the possession or control of U.S. persons, must be blocked and reported to OFAC. Unless authorized by a general or specific license issued by OFAC or otherwise exempt, OFAC’s regulations generally prohibit all transactions by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in property of designated or otherwise blocked persons. The prohibitions include the making or receiving of any contribution of funds, goods, or services to or for the benefit of those persons.

Furthermore, engaging in certain transactions with the individuals and entities designated today entails risk of secondary sanctions pursuant to certain authorities, including E.O. 13224, as amended. Pursuant to E.O. 13224, OFAC can prohibit or impose strict conditions on the opening or maintaining in the United States of a correspondent account or a payable-through account of a foreign financial institution that has knowingly conducted or facilitated any significant transaction on behalf of a Specially Designated Global Terrorist.

The power and integrity of OFAC sanctions derive not only from their ability to designate and add persons to the Specially Designated Nationals and Blocked Persons (SDN) List, but also from OFAC’s willingness to remove persons from the SDN List consistent with U.S. law. The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior. For information concerning the process for seeking removal from an OFAC list, including the SDN List, please refer to OFAC’s Frequently Asked Question 897. For detailed information on the process to submit a request for removal from an OFAC sanctions list, please see this link.

clarified who these newly-designated parties are.

Links:

OFAC Notice

Press Releases – State, Treasury

Categories: Hizballah (HFSR) Sanctions Hizballah / Hezbollah Iranian Sanctions OFAC Updates Sanctions Lists Terrorism

eric9to5

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