Tag Archives | Steven T Mnuchin

US imposes Sanctions on Iraq-based affiliate of IRGC

By John Lee. The United States has imposed sanctions on an Iraqi company, South Wealth Resources Company (SWRC), which it is says is an Iraq-based affiliate of Iran‘s Islamic Revolutionary Guard Corps (IRGC). The full text of the Treasury Department’s statement is shown below: Today [Wednesday 13th June], the U.S. Department of the Treasury’s Office […]

US puts Sanctions on Iraqi Bank

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on the Governor and a senior official of the Central Bank of Iran, an Iraq-based bank and its chairman, and a key Hizballah official, all of whom have moved millions of dollars on behalf of the Islamic Revolutionary Guard Corps-Qods Force […]