Tuesday , October 16 2018

US sanctions Iran central bank governor for terrorism aid

Bloomberg

The US Treasury Department imposed sanctions on Iran’s central bank governor and another senior official in the bank for allegedly providing support for terrorist activities, drawing condemnation from Tehran.
The latest escalation in tensions came as European officials gathered with Iran’s foreign minister in Brussels to find ways to salvage the 2015 Iranian nuclear deal following President Donald Trump’s decision to exit the accord and reimpose sweeping sanctions.
The US Treasury Department on Tuesday named Valiollah Seif, Iran’s central bank governor, and Ali Tarzali, the assistant director of the international department at the central bank of Iran, as “specially designated global terrorists” for allegedly assisting Iran’s Islamic Revolutionary Guards Corps-Quds Force in funneling millions of dollars to support Hezbollah, the Tehran-backed Lebanese group.
“It is appalling, but not surprising, that Iran’s senior-most banking official would conspire with the IRGC-QF to
facilitate funding of terror groups like Hizballah, and it undermines any credibility he could claim in protecting the integrity of the institution as a central bank governor,” Treasury Secretary Steven Mnuchin said in a statement. “The United States will not permit Iran’s increasingly brazen abuse of the international financial system.”

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