US Treasury Slams Iranian Sanctions Evaders with New Measures In a move aimed at disrupting Iran's illicit financial networks, the US Treasury Department has unveiled a fresh round of sanctions targeting key businesses and associates of notorious financier Babak Zanjani. The Treasury's latest action is a response to Zanjani's alleged attempts to evade existing sanctions, which have been in place since 2013. Nine firms and four individuals within Zanjani's extensive business network are set to be impacted by the new measures, further isolating Iran's economy from the global financial system. The sanctions are part of an ongoing effort by the US to counter Iran's efforts to circumvent economic restrictions and maintain its access to international markets.
The United States Treasury Department announced on Friday it will be implementing sanctions against key businesses and associates of sanctioned Iranian financier Babak Zanjani for attempting to evade sanctions. The sanctions affect nine firms and four people in the business network of Zanjani. The Treasury Department said in a statement Friday that firms being targeted...
