United States sanctions Iran central bank governor for alleged terrorist support

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WASHINGTON-The Treasury Department imposed sanctions Tuesday on the governor of Iran's central bank and another senior bank official, accusing them of funneling millions of dollars to Hezbollah, the Lebanese militia designated as a terror group by the U.S. The Treasury Division accused the boys of secretly funneling hundreds of thousands of by way of an Iraqi financial institution to assist Hezbollah, the militant community that the USA considers a terrorist group.

"The United States will not permit Iran's increasingly brazen abuse of the worldwide financial system", said US Treasury Secretary Steven Mnuchin. The European members of the deal are trying to keep it alive without the U.S. Yet it's unclear that will be workable, because Trump has vowed to punish European companies that continue doing business with Iran despite re-imposed U.S. sanctions.

The U.S. said it would also sanction Seif; they are secondary sanctions, which means if someone does business with him, they could be cut off from the U.S. financial system, the Associated Press pointed out.

They were named "specially designated global terrorists" for allegedly assisting Iran's Islamic Revolutionary Guards Corps-Quds Force to support Hezbollah.

"The United States will not permit Iran's increasingly brazen abuse of the global financial system", said US Treasury Secretary Steven Mnuchin.

On Thursday, the Treasury announced sanctions against a "large scale" currency exchange network serving the Revolutionary Guards, hitting six individuals and three companies at the center of the network.

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This crackdown follows last week's decision by U.S. President Donald Trump to withdraw from the 2015 Iran nuclear deal and reinstate economic sanctions on Iran. "The worldwide neighborhood should stay vigilant towards Iran's misleading efforts to supply monetary help to its terrorist proxies".

That signifies that anybody, in any nation, who does enterprise with Seif or Tarzali might themselves be punished with sanctions, reducing them off from the US monetary system.

The U.S. Treasury Department also issued economic sanctions against another top official, in addition to Seif.

Seif is the governor of the Iranian central bank.

Pointing to missiles fired at Israel from Syria and missiles fired into Saudi Arabia by the Iran-backed Houthi rebels in Yemen, the White House said the events were "further proof that the Iranian regime's reckless actions pose a severe threat to regional peace and security". Most recently, the USA has been concerned about the role that Hezbollah fighters are playing in Syria to help prop up President Bashar Assad.

Although it is rare to sanction central bank officials, the USA has done it before. And in 2015, the USA targeted the governor of Syria's central bank.

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