US Hits Iran Central Bank Governor With Sanctions

US Hits Iran Central Bank Governor With Sanctions

US Hits Iran Central Bank Governor With Sanctions

The sanctions against Seif and Tarzali do not, however, extend to the Central Bank of Iran.

Seif is also under attack inside Iran. "The global community must remain vigilant against Iran's deceptive efforts to provide financial support to its terrorist proxies".

A European official said that some senior figures in the United States administration were pushing for a "North Korea scenario" in Iran, in reference to the drastic sanctions imposed on the North Korean regime which Washington believes helped push the country's leader, Kim Jong Un, into halting missile and nuclear testing and agreeing to renewed negotiations.

Trump had threatened for more than a year to abandon the deal. Iranian media initially reported the decision based on reports in the foreign media.

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Hits Valiollah Seif with terror sanctions.

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The European members of the deal - France, the United Kingdom and Germany - are trying to keep it alive without the U.S. Yet it's unclear if that will be workable, because Trump has vowed to punish European companies that continue doing business with Iran despite reimposed U.S. sanctions.

Seif, a profession banker, grew to become the pinnacle of Iran's Central Financial institution in 2013 underneath President Hassan Rouhani, who shepherded the nuclear deal.

In a 2016 assembly of the Council on International Relation in Washington, Seif mentioned Iran achieved "virtually nothing" from the deal.

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The two were named "specially designated global terrorists" for allegedly assisting in funneling millions of dollars on behalf of Iran's Islamic Revolutionary Guards Corps' Quds Force (IRGC-QF) to support Lebanon's Hizballah militia, the OFAC said in a statement. These funds had been then used to "enrich and help the violent and radical agenda of Hezbollah", Treasury mentioned.

At the time, the U.S. singled out the Central Bank of Iran as "complicit" in the operation, foreshadowing Tuesday's action.

Treasury's Office of Foreign Assets Control announced sanctions on Valiollah Seif, Iran's central bank governor, and Ali Tarzali, the assistant director of the global department at the central bank of Iran. Most recently, the US has been concerned about the role that Hezbollah fighters are playing in Syria to help prop up President Bashar al-Assad.

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