Treasury Targets Network Attempting to Evade Iran Sanctions Designations include an  Iranian Businessman as well as Affiliated Companies and Banks Around the World

The U.S. Department of the Treasury designated Babak Zanjani, an Iranian businessman, along with a Malaysian bank and an international network of front companies for moving billions of dollars on behalf of the Iranian regime, including tens of millions of dollars to an Islamic Revolutionary Guards Corps (IRGC) company. Today’s actions were taken pursuant to Executive Order (E.O.) 13382, which targets proliferators of weapons of mass destruction (WMD) and their supporters…report