Iran Nuclear NewsUS moves against Iranian officials, companies

US moves against Iranian officials, companies

-

ImageAP: The Bush administration moved Tuesday to impose financial sanctions on Iranian officials and companies accused of helping the country develop nuclear weapons.

The Associated Press

By JEANNINE AVERSA

ImageWASHINGTON (AP) — The Bush administration moved Tuesday to impose financial sanctions on Iranian officials and companies accused of helping the country develop nuclear weapons.

The action by the departments of State and Treasury marks the latest effort to tighten the financial noose on Iran, which the United States accuses of bankrolling terrorism and seeking a nuclear bomb.

Mohsen Fakhrizadeh-Mahabadi, a senior scientist at Iran's Ministry of Defense and Armed Forces Logistics, was among those targeted Tuesday.

"Iran's nuclear and missile firms hide behind an array of agents that transact business on their behalf," said Stuart Levey, the Treasury Department's under secretary for terrorism and financial intelligence.

Others targeted were: Yahya Rahim Safavi, a commander of the Iranian Revolutionary Guard Corps.; Dawood Agha-Jani, who is involved in Iran's nuclear program; Mohsen Hojati, involved in the country's ballistic missile program; Mehrdada Akhlaghi Ketabachi, the head of the Shahid Bakeri Industrial Group; and Naser Maleki, head of the Shahid Hemmat Industrial Group and an official in the Iranian defense ministry.

The action means that any bank accounts or financial assets found in the United States that belong to these people are frozen. Americans also are prohibited from doing business with them.

Despite three sets of U.N. sanctions, Iran has not only continued enriching uranium, but says it has expanded its program. Tehran's rising influence in the Mideast has emboldened it to reject a recent offer of economic incentives in exchange for giving up its enrichment program.

President Bush, attending a summit of world leaders in Japan, on Tuesday had yet to score even any small victories on getting Iran to stop enriching uranium.

The leaders' statement expressed "serious concern" about Iran's failure to meet world demands to stop enriching uranium. But it stressed the need to "resolve the issue innovatively through negotiation."

The departments' action Tuesday also covers the TAMAS Co. for its alleged involvement in enrichment-related activities and Shahid Sattari Industries.

The United States also imposed sanctions on three other entities believed to be owned or controlled by Iran's Defense Industries Organization, which was put on the U.S. blacklist last year. Those entities are Seventh of Tir, Ammunition and Metallurgy Industries Group and Parchin Chemical Industries.

Latest news

The United States and Arab Allies Sanction Five Entities and 16 Hezbollah Officials

The United States and the member states of the Terrorist Financing Targeting Center (TFTC) have imposed a new round...

Drug Crisis: Chemotherapy Costs in Iran Have Increased Tenfold

A new wave of drug price increases in Iran has catastrophically raised the cost of medical treatment. In one...

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes too wide, the economic crisis is no longer confined to...

Iraq Sets September 30 as Deadline for Disarmament of Iranian Regime-Backed Militia Groups

Iraqi government spokesperson Haider al-Aboudi announced on Monday, June 29, that the government has given Shiite armed groups backed...

Escalating Iran-US Conflict Cuts Strait of Hormuz Traffic, Lifts Oil Prices

Oil Prices Rise and Ship Traffic Through the Strait of Hormuz Declines Following Tensions Between Iran and the United...

The ‘No To Executions Tuesdays’ campaign has entered its 127th week

The campaign “No to Executions Tuesdays,” a prisoner-led protest against executions held across multiple prisons in Iran, entered its...

Must read

Why the Iranian Regime Is Worrying the US and Middle Eastern Allies

Iran Focus London, 25 May - While Donald Trump...

Iran president says being “bullied” over atom plans

Reuters: Iranian President Mahmoud Ahmadinejad said on Wednesday some...

You might also likeRELATED
Recommended to you