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US Treasury sanctions individuals and companies for supporting Iran
The US Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has imposed sanctions on five individuals, four companies, and nine vessels for allegedly supporting Iran’s maritime activities. These actions are part of what officials termed an ‘Economic Exclusion Operation’ aimed at restricting the Iranian regime's ability to finance its military, weapons, and nuclear programs.
Key entities targeted include the Panama and Greece-based law firm Karnakis and Karnakis, as well as Amigoz Singapore, Roxte Maritime Shipping and Trading, and Wales Shipping Line. The sanctions affect several vessels, including seven Panama-flagged ships such as the Anemos and Destiny, and two UAE-flagged vessels, the Wales Diamond and Wales Pearl.
US Treasury Secretary Scott Bessent stated that the administration will continue to identify and sanction those supporting the Iranian regime, regardless of whether they operate at sea or in legal offices. Additionally, the Financial Crimes Enforcement Network (FinCEN) has issued administrative subpoenas to a Greek bank regarding potential links to sanctioned Iranian financial actors. OFAC has issued two general licenses to facilitate the orderly wind-down of certain transactions and to ensure safety and environmental protection during cargo discharges.
Entities
Carnacis & Carnacis · Iran · Karnakis and Karnakis · OFAC · Office of Foreign Assets Control · Scott Bessent · US Department of the Treasury · United States
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The US Treasury sanctioned five individuals, four companies, and nine vessels. www.rokna.net · ir.voanews.com
- [● 2 SOURCES] FinCEN used administrative subpoena power for the first time regarding a Greek bank's potential links to Iran. www.turkgun.com · www.sondakika.com
- [● 2 SOURCES] The sanctions target entities allegedly supporting Iran's military, weapons, and nuclear programs. www.turkgun.com · www.sondakika.com
- [● 2 SOURCES] Secretary Scott Bessent stated that those supporting the Iranian regime must choose between the US and Iran. www.turkgun.com · www.sondakika.com
- [● 2 SOURCES] Amigoz Singapore, Roxte Maritime Shipping and Trading, and Wales Shipping Line are among the sanctioned companies. www.rokna.net · ir.voanews.com
- [● 2 SOURCES] Seven Panama-flagged vessels and two UAE-flagged vessels were sanctioned. www.rokna.net · ir.voanews.com
- [● 2 SOURCES] OFAC issued two general licenses to allow for the wind-down of transactions and safety/environmental measures. www.rokna.net · ir.voanews.com
- [● 4 SOURCES] Karnakis and Karnakis is a law firm based in Panama and Greece. www.rokna.net · www.turkgun.com · ir.voanews.com · www.sondakika.com