WASHINGTON, June 25 (Reuters) – The United States on Tuesday imposed sanctions on nearly 50 entities and people it accused of moving billions of dollars for Iran’s military.
The U.S. Treasury Department in a statement said those targeted on Tuesday constitute a “shadow banking network” used by Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL) and Islamic Revolutionary Guard Corps (IRGC), both of which are under U.S. sanctions. Read full article HERE