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Sunday action: U.S. sanctions eleven for Iran ballistic missile program

The U.S. Treasury Department’s Office of Foreign Assets Control imposed new sanctions Sunday against eleven people and companies allegedly involved in Iran’s ballistic missile program. The action came one day after President Obama lifted sanctions on Iran’s nuclear program and hours after a prisoner swap between Washington and Tehran.

The Treasury Department’s Adam Szubin, a sanctions official, said: “Iran’s ballistic missile program poses a significant threat to regional and global security, and it will continue to be subject to international sanctions.”

OFAC Sunday blocked the assets of Dubai-based Mabrooka Trading and Annui Land Group, based in Hong Kong. Both companies are allegedly controlled by Hossein Pournaghshband. He’s one of eight individuals also named Sunday.

Five of the individuals OFAC sanctioned work at Iran’s Ministry of Defense for Armed Forces Logistics or one of its subsidiaries.

OFAC’s order bans U.S. or foreign nationals from doing business with those sanctioned. And it requires U.S. banks to freeze any assets in the United States of the companies and individuals.

Last year, Iran tested two ballistic missiles. The Obama administration had prepared the sanctions last month but delayed them until after the nuclear deal went into effect and the prisoner swap involving four American citizens held in Iran was done.

*     *     *

Here’s OFAC’s list of Non-proliferation Designations added January 17, 2016 in a Specially Designated Nationals List Update:

CHEN, Mingfu; DOB 30 Apr 1980; POB Anhui, China; citizen China; Additional Sanctions Information – Subject to Secondary Sanctions; Passport G22168109 expires 26 Apr 2017; Identification Number 341181198004300019 (China) (individual) [NPWMD] [IFSR] (Linked To: NAVID COMPOSITE MATERIAL COMPANY).

FARAHI, Sayyad Medhi (a.k.a. FARAJZADEH, Seyyed Hadi), Iran; DOB 30 Sep 1960; Additional Sanctions Information – Subject to Secondary Sanctions; Passport G9321488 (Iran) expires 10 Oct 2016 (individual) [NPWMD] [IFSR] (Linked To: MINISTRY OF DEFENSE FOR ARMED FORCES LOGISTICS).
 
FARGHADANI, Rahimreza (a.k.a. FARGHADANI, Rahim Reza); DOB 16 Aug 1960; alt. DOB 17 Aug 1960; citizen Iran; Additional Sanctions Information – Subject to Secondary Sanctions; Passport 5671711 (Iran) (individual) [NPWMD] [IFSR].
 
HASHEMI, Seyed Mohammad (a.k.a. HASHEMI, Sayyed Mohammad; a.k.a. HASHEMI, Seyyed Mohammad), Iran; DOB 16 May 1965; citizen Iran; Additional Sanctions Information – Subject to Secondary Sanctions (individual) [NPWMD] [IFSR] (Linked To: MINISTRY OF DEFENSE FOR ARMED FORCES LOGISTICS).
 
MUSAVI, Sayyed Javad, Iran; DOB 23 Aug 1972; Additional Sanctions Information – Subject to Secondary Sanctions (individual) [NPWMD] [IFSR] (Linked To: SHAHID HEMMAT INDUSTRIAL GROUP).
 
NOOSHIN, Seyed Mirahmad, Iran; DOB 11 Jan 1966; Additional Sanctions Information – Subject to Secondary Sanctions; Passport G9311208 (Iran) (individual) [NPWMD] [IFSR] (Linked To: SHAHID HEMMAT INDUSTRIAL GROUP).
 
POURNAGHSHBAND, Hossein (a.k.a. POUR NAGHSH BAND, Hussain Reza; a.k.a. POUR NAGHSHBAND, Hossein; a.k.a. POUR NAGHSHBAND, Hossein Reza); DOB 23 Oct 1965; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions; Passport E1910843 (Iran) (individual) [NPWMD] [IFSR] (Linked To: NAVID COMPOSITE MATERIAL COMPANY).
 
The following entities have been added to OFAC’s SDN List:
 
ANHUI LAND GROUP CO., LIMITED, Shop T18, 3/F, Cathay Pacific 88 Malls, No. 125, Wanchai Road, Wanchai, Hong Kong; Additional Sanctions Information – Subject to Secondary Sanctions; Registration ID 1774300 (Hong Kong) [NPWMD] [IFSR].
 
CANDID GENERAL TRADING LLC (a.k.a. CANDID TRADING LLC), 3rd Floor, Office No. 306, Al Dana Centre, Al Maktoum Street Deira, Dubai, United Arab Emirates; P.O. Box 41967, Dubai, United Arab Emirates; Additional Sanctions Information – Subject to Secondary Sanctions [NPWMD] [IFSR].
 
MABROOKA TRADING CO L.L.C. (a.k.a. MABROOKA TRADING COMPANY), 3rd Floor, Office No. 306, Al Dana Centre, Al Maktoum Street, Next to Metropolitan Palace Hotel, Al Riqqa, Al Muraqqabat, Deira, Dubai, United Arab Emirates; P.O. Box 33634, Dubai, United Arab Emirates; Additional Sanctions Information – Subject to Secondary Sanctions; Registration ID 500871 [NPWMD] [IFSR] (Linked To: NAVID COMPOSITE MATERIAL COMPANY).
 
The following changes have been made to OFAC’s SDN List:
 
KETABACHI, Mehrdada Akhlaghi (a.k.a. KETABCHI, Merhdada Akhlaghi), c/o SBIG, Tehran, Iran; DOB 10 Sep 1958; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions; Passport A0030940 (Iran) (individual) [NPWMD] [IFSR]. -to- KETABACHI, Mehrdada Akhlaghi (a.k.a. KETABCHI, Merhdada Akhlaghi), c/o AIO, Langare Street, Nobonyad Square, Tehran, Iran; c/o SBIG, Tehran, Iran; DOB 10 Sep 1958; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions; Passport A0030940 (Iran) (individual) [NPWMD] [IFSR].

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Richard L. Cassin is the publisher and editor of the FCPA Blog. He can be contacted here.

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