U.S. imposes sanctions on Iran central bank governor

U.S. imposes sanctions on Iran central bank governorBy Lesley Wroughton WASHINGTON (Reuters) - The United States on Tuesday imposed sanctions on Iran's central bank governor and an Iraq-based bank for "moving millions of dollars" for Iran's elite Revolutionary Guard, as Washington seeks to cut off funding it says Tehran is using to fund militant activities overseas. U.S. Treasury Secretary Steven Mnuchin accused bank chief Valiollah Seif of covertly funneling money on behalf of the revolutionary guard's external arm, Quds Force (IRGC-QF), through Al-Bilad Islamic Bank "to enrich and support the violent and radical agenda of Hezbollah." The move cuts off Iran's use of a critical banking network, he said.




from Yahoo News - Latest News & Headlines https://ift.tt/2rJJAAp
via Latest News

Comments

Popular posts from this blog

Facebook's latest bug exposed the private photos of 6.8 million users - The INQUIRER

Overwatch 2 Anime Charm Is Cheaper In Real Life Than In The Game - Kotaku