
The Treasury Department this week announced new action against 20 individuals and entities for their involvement in Iran’s nuclear program and Iran’s continued attempts to circumvent sanctions. These networks are responsible for moving supplies and providing essential services to Iran’s clandestine nuclear and weapons programs.
“As long as Iran continues to pursue a nuclear and ballistic missile program in defiance of multiple UN Security Council Resolutions, the U.S. will target and disrupt those involved in Iran’s illicit activities,” said Treasury Under Secretary for Terrorism and Financial Intelligence David S. Cohen. “We will continue to work with our international partners to intensify this pressure and tighten sanctions on Iran’s energy sector as it provides much needed financial support for the Iranian regime’s proliferation activity.”
The sanctioned entities included business located in Germany, the United Arab Emirates, the United Kingdom, South Africa, Malaysia, Singapore, and Hong Kong.