The U.S. Department of the Treasury has imposed new sanctions on 18 individuals and entities linked to Iran’s regime due to their central role in the regime’s efforts to generate revenue and evade U.S. sanctions.
On Thursday, August 7, the U.S. Treasury reported that in response to severe financial restrictions caused by international isolation, Iran’s regime has engineered complex banking schemes and alternative payment systems specifically designed to evade sanctions and safeguard its ability to collect export revenues, particularly from illicit oil sales.
The Treasury emphasized that these systems also enable the regime to continue funding its proxy forces and repressing the Iranian people.
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According to the Treasury’s statement, the sanctioned IT and financial companies have also provided advanced surveillance technologies to the regime, which are used by Iranian regime security forces to restrict internet access and target women who violate compulsory hijab laws.
Who are the sanctioned individuals?
According to the statement, Adel Berjisian, Hadi Nouri, and Alireza Fatahinojokambari are connected to the offshore bank Cyrus; Ali Morteza Birang, Seyyed Mahmoud Reza Sajjadi, and Mohammad Shafipour are linked to the clearing company RUNC; and Shahab Javanmardi is affiliated with Arvand Arian Pasargad Communications and Information Technology Payment Company, known as FANAP Tech.
The U.S. Treasury statement also lists 11 sanctioned entities.
U.S. Treasury Secretary emphasizes maximum pressure
Scott Bessent, U.S. Treasury Secretary, wrote in a published statement: “As a result of President Trump’s maximum pressure campaign and increasing isolation from the global financial system, the Iranian regime is running out of places to hide.”
He added: “Treasury will continue to disrupt Iran’s schemes aimed at evading our sanctions, block its access to revenue, and starve its weapons programs of capital in order to protect the American people.”
Less than two weeks after the start of Donald Trump’s second presidential term, a new campaign of “maximum pressure” against Iran’s regime was launched.
In the first 100 days of action, the Trump administration imposed a total of 17 rounds of sanctions related to Iran’s regime, targeting 40 individuals, 117 companies and entities, and 77 oil tankers.
All individuals and entities added to this list are barred from accessing assets in the United States, and U.S. persons and companies are prohibited from engaging in transactions with them.
Additionally, secondary sanctions mean that non-U.S. individuals or companies may also be subject to sanctions if they do business with these designated persons and entities.
