The Ministry of Finance is approving two Iranian “financial facilitators”, as well as more than a dozen other individuals and groups that are part of Tehran’s shadow banking network that funded the forces of the Islamic Revolutionary Guard’s Quds Quds and armed agents associated with the regime.
Iranian nationals Alireza Derakshan and Arash Estaki Aviland coordinated the purchase of more than $100 million in oil sales for the Iranian government, Trump administration officials said Tuesday. They use the network of cutting-edge companies in different countries to transfer cryptocurrency funds.
Mr. Avelland also worked with Hezbollah-related financial agents Tawfiq Muhammad Sa’il Al-Law and Tawfiq Muhammad Sa’il Al-Law to provide terrorist organizations with funds related to the sale of IRGC-QF merchandise.
Finance Ministry officials said he also represented Al-Qatirji Co. on behalf of Syrian conglomerates, a company previously approved for supporting the IRGC-QF and the Iranian Ministry of Defense Armed Forces’ logistics.
“Iranian entities rely on shadow banking networks to evade sanctions and transfer millions of dollars through the international financial system,” John K. Hurley, deputy secretary of finance at the Treasury and Financial Intelligence. A statement.
Investigators said Mr. Drakeshan is still in contact with Iranian currency exchange Ramin Jalalian, who was approved last year for providing financial support to the Iranian army. He is responsible for the daily operations of a group of camp companies located in Hong Kong and the United Arab Emirates, which is back to the IRGC-QF.
The order means that all U.S.-based property and business interests of approved persons are blocked and must be reported to the Treasury Department’s Office of Foreign Assets Control.
“We will continue to undermine these major financial flows that fund Iran’s weapons programs and malicious activities in the Middle East and beyond,” Hurley said.
