19 Apr 2024
Tuesday 21 November 2017 - 14:42
Story Code : 283915

US Treasury slaps sanctions on IRGC-linked individuals, entities



Press TV- In yet another hostile measure against Tehran, the US has slapped sanctions on several individuals and companies for their alleged links with Irans Islamic Revolution Guards Corps (IRGC).

According to a statement issued by theUS Treasury Department on Monday, two Iranian companies and their directors were placed on the latest sanctions list. It also included two German firms.

The statement accused the individuals and companies of circumventing European export restrictions in order to provide supplies and equipment to the IRGC.

The statement alleged that Iranian national Reza Heidari and Mahmoud Seif had used the companies -- ForEnt Technik and Printing Trading Center in Frankfurt, and Rayan Printing and Tejarat Almas Mobin Holding in Tehran to counterfeitYemeni bank notes potentially worth hundreds of millions of dollars for the IRGC-Qods Force.

The IRGC is a branch of the Iranian Armed Forces, a standing army of a United Nations member state. It has been effectively providing advisory military support to the elected governments of Iraq and Syria in their battles against various groups of extremist militants.

Earlier last month, the department also sanctioned four entities three based in Iran and one based in China over claims of providing support to the IRGC or Irans military.

The sanctions are part of US President Donald Trumps supposedly new diplomatic offensive against Tehran, which he unveiled in mid-October by refusing to certify the 2015 nuclear deal.

Trump also used the speech to authorize the US Treasury Department to impose further sanctions on the entire IRGC for what he claimed was its support for terrorism.

Following Trumps announcement, the US Treasury added the IRGC to its anti-terrorism sanctions list.

Senior Iranian officials slammed Washingtons belligerent stance against the IRGC, vowing support for the defenders of the country in the face of hostile US polices.

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