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Treasury Targets Procurement Networks Supporting Iran's Missile Proliferation Programs

Aug 28, 2019 - Targeted News Service

The U.S. Department of the Treasury's Office of Foreign Assets Control issued the following news release:

Today, the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) targeted two Iranian regime-linked networks pursuant to Executive Order (E.O.) 13382 for engaging in covert procurement activities benefitting multiple Iranian military organizations. One network, led by Hamed Dehghan, has used a Hong Kong-based front company to evade U.S. and international sanctions and...