OFAC designated individuals and their procurement
networks for supporting multiple Iranian military
organizations.
OFAC designated an Iranian national, and others, for allegedly
using a Hong Kong-based front company to procure export-controlled
military end-use equipment from U.S. suppliers for the Islamic
Revolutionary Guard Corps and the Iranian regime's missile
program. OFAC also designated the owner of an Iranian company, and
others, for allegedly procuring various aluminum alloy products for
sanctioned entities owned or controlled by Iran's Ministry of
Defense and Armed Forces Logistics.
As a result of OFAC's action, all property and interests in
property of the designated individuals and entities (including any
entities that are owned 50 percent or more by them) in the United
States, or in the possession or control of U.S. persons, must be
blocked and reported to OFAC. OFAC regulations also generally
forbid all dealings by U.S. persons, and all transactions
