The Treasury Department’s Office of Foreign Assets Control (OFAC) fas sanctioned four entities and three individuals involved to a procurement network facilitating the illegal export of U.S. technology and soods to Irans users, including the Central Bank of Iran.
“The Central Bank of Iran has played a critical role in providing financial support to the IRGC-QF and Hizballah, two key actors intent on further destabilizing the Middle East”
Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson
The following individuals have been added to OFAC’s SDN List:
- KHADEMI, Mohammad Reza. The president of UAE-based Freedom Star General Trading Co. DOB 05 Apr 1966; nationality Iran; Gender Male
- MIRDAMADI, Pouria. An ISC employee. DOB 20 Sep 1979; POB Tehran, Iran; nationality France; Gender Male.
- NAJAFI, Seyed Abotaleb. He is a ISC chief executive officer. DOB 25 Sep 1956; POB Iran; nationality Iran; Gender Male.
The following entities have been added to OFAC’s SDN List:
- ADVANCE BANKING SOLUTION TRADING DMCC. A front company for ISC. 804 Jumeirah Bay Tower X3, Dubai, United Arab Emirates.
- FREEDOM STAR GENERAL TRADING CO. L.L.C. This company facilitated the shipment of goods in the UAE to ISC in Iran. P.O. Box 33237, Dubai, United Arab Emirates; Shop No. 5, Al Ras, Dubai, United Arab Emirates; Deira Al Ras, Dubai, United Arab Emirates.
- INFORMATICS SERVICES CORPORATION (ISC). The company developed the Central Bank Digital Currency platform for the Central Bank of Iran. Marjan Building, No. 6, Madadkaran Street, Shahnazari Street, Mother Square, Mirdamad Boulevard, Tehran 1545654311, Iran.
- TED TEKNOLOJI GELISTIRME HIZMETLERI SANAYI TICARET ANONIM SIRKETI. This company acquired U.S. goods and technology in coordination with ISC front companies. Cobancesme Mah. Sanayi Cad. Nish Residence D Blok, Kapi No. 44, D Daire No. 173, Bahcelievler, Istanbul, Turkey.
