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TFTC adds 25 Iranian targets
The Treasury Department has announced that the seven member nations of the Terrorist Financing Targeting Center (TFTC) jointly designated 25 targets affiliated with the Iranian regime’s terror-support networks in the region. Twenty-one of these targets comprised a vast network of businesses providing financial support to the Basij Resistance Force (Basij), a paramilitary force subordinate to Iran’s Islamic Revolutionary Guard Corps (IRGC).The four other targets were Hizballah-affiliated individuals who lead and coordinate the group’s operational, intelligence, and financial activities in Iraq. A chart describing the designated entities was also released.
For identity information on the designated parties, see BankersOnline's OFAC Update.