Wednesday, June 5, 2013

U.S. Blacklists Front Companies Of Iranian Leaders

U.S. Blacklists Global Network If Iranian 'Front' Companies -- Reuters

(Reuters) - A global network of private companies were blacklisted by the United States on Tuesday for providing revenue to the Iranian government's leadership and helping it evade the pinch from international sanctions on Tehran's nuclear program, the U.S. Treasury Department said.

The move targets 37 companies spread across the world, from Iran to Croatia, Germany and South Africa, and is the fourth action the United States has taken in the past week to sanction Iran's government and industries over its atomic program.

The sanctions prohibit U.S. citizens and companies from dealing with the firms. Any foreign financial institutions dealing with them risk getting cut off from the U.S. financial system.

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More News On The U.S. Blacklisting Front Companies Of Iranian Leaders

US Blacklists 37 Companies in Iran Dispute -- New York Times
US blacklists Iranian regime's 'front companies' -- Global Post/AFP
US Goes After Iran's Puppet Companies -- Voice of America
U.S. Blacklists 'Front Companies' Supporting Iran's Leadership -- Radio Free Europe
The 37 front companies that the US government says enrich Iran’s leaders and circumvent sanctions -- Quartz

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