OFAC Sanctions Procurement Network for Iranian Military Firm
The Office of Foreign Assets Control sanctioned four people and six companies that helped procure U.S.-origin electronics components and other “sensitive” goods for an Iranian military firm, the agency said Nov. 10. OFAC said the network of people and companies helped ship the items to Iran Communication Industries, which produces military communications systems, electronic warfare items, missile launchers and other goods for Iran.
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The sanctions target Iran-based Hoda Trading, Hong Kong-based Proma Industry Co., Ltd., DES International Co., Ltd., China-based Naz Technology Co., Ltd., Brunei-based Soltech Industry Co., Ltd. and Iran-based Artin San’at Tabaan Company. OFAC also sanctioned Mohammad Soltanmohammadi, for owning or controlling DES International and Naz Technology and “for acting or purporting to act for or on behalf of” Soltech Industry. Other designations target DES International employees Shih Mei Sun, Chin-Hua “Jinee” Huang and Mohammad Banihashemi.