Thursday, 24 May, 2018

USA adds head of Iran's central bank to terrorist list, imposes sanctions

BREAKING: US sanctions Iran bank chief as a 'global terrorist' who funnels millions to Hezbollah US Hits Iranian Central Bank Governor With Terror Sanctions
Patty Aguilar | 16 May, 2018, 06:21

The Treasury Division accused the boys of secretly funneling hundreds of thousands of by way of an Iraqi financial institution to assist Hezbollah, the militant community that the USA considers a terrorist group.

A European official said that some senior figures in the USA administration were pushing for a "North Korea scenario" in Iran, in reference to the drastic sanctions imposed on the North Korean regime which Washington believes helped push the country's leader, Kim Jong Un, into halting missile and nuclear testing and agreeing to renewed negotiations.

Last week, two days after U.S. President Donald Trump withdrew from the 2015 Iran nuclear deal, the U.S. Treasury imposed sanctions against six individuals and three companies it said were funneling millions of dollars to the IRGC-QF.

"The United States will not permit Iran's increasingly brazen abuse of the worldwide financial system".

The United States slapped sanctions Tuesday on Valiollah Seif, the governor of the Central Bank of Iran, accusing him of helping the country's Revolutionary Guard Corps transfer millions of dollars to Lebanon's Hezbollah.

It said, however, that sanctions being reimposed after the withdrawal of the United States from the Iran nuclear deal would affect certain US dollar transactions by the central bank starting from August 7, 2018.

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The U.S. Treasury is also imposing sanctions on the Iraq bank and its chairman.

Though the sanctions don't technically lengthen to the central financial institution itself, they might considerably improve Iran's isolation from the worldwide monetary system.

This is already the second batch of US' anti-Iranian sanctions since Trump's announcement on the pullout from the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Actions (JCPOA).

For firms already operating in Iran, there is a period of 3 to 6 months to end the business, otherwise they will be denied access to the United States market.

British, French and German foreign ministers met in Brussels on Tuesday to try to find a way to save the nuclear deal without the United States, but appeared hard-pressed over how their companies could continue doing business with Iran once Washington begins to reimpose sanctions. "The worldwide neighborhood should stay vigilant towards Iran's misleading efforts to supply monetary help to its terrorist proxies". US State Department Counter-Terrorism Coordinator Ambassador Nathan Sales announced that the American Rewards for Justice program was offering up to $7 million for any information on the location, arrest or conviction in any country on Talal Hamiyah and up to $5 million for such information on Fuad Shukr. Most recently, the USA has been concerned about the role that Hezbollah fighters are playing in Syria to help prop up President Bashar Assad.

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