US Sanctions Iran's Central Bank Governor, Alleges Hezbollah Ties

Central Bank of Iran waits to start a meeting with Britain's Foreign Secretary Philip Hammond (unse

Seif is the governor of the Iranian central bank.

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

The Treasury Department said it had imposed sanctions on Valiollah Seif, the bank's current governor, and another senior official, Ali Tarzali, the assistant director of the bank's worldwide department, labeling them both as "specially designated global terrorists".

Valiollah Seif, the head of Iran's Central Bank, allegedly sent money to the IRGC-QF via the Iraq-based al-Bilad Islamic Bank to support Hezbollah's "violent and radical agenda".

"The United States will not permit Iran's increasingly brazen abuse of the worldwide financial system", Treasury Secretary Steven MnuchinSteven Terner MnuchinTrump offers hope for peace in recorded remarks at US Embassy opening in Jerusalem The Hill's Morning Report - Sponsored by CVS Health - Trump makes history with foreign policy decisions The Hill's Morning Report - Sponsored by FICO - Paul Ryan's rough ride MORE said in a statement.

Tuesday's action cutting off a critical banking network for Iran followed disruption of a currency network last week that is associated with IRGC-QF.

Golf champ's wife attacked him after he bombed at tournament
She told deputies her mother-in-law attacked her, but she insisted "everything was fine", the report said. Police arrived to a residence rented by the Glovers on Saturday night due to a disturbance 911 call.

The United States has imposed sanctions on the governor of Iran's central bank, accusing him of providing support for terrorist activities. The Iraqi bank and its chairman also are being punished with sanctions.

Though the sanctions don't technically lengthen to the central financial institution itself, they might considerably improve Iran's isolation from the worldwide monetary system. That means that anyone, in any country, who does business with Seif or Tarzali could themselves be punished with sanctions, cutting them off from the USA financial system. These secondary sanctions affect individuals' ability to open or maintain a correspondent or a payable-through account in the United States. USA officers had been reaching out Tuesday to central banks in different nations within the Middle East and Europe to tell them of the sanctions and encourage them to right away freeze belongings the financial institution has overseas.

It also blacklisted Ali Tarzali, assistant director of the global department of Iran's central bank, and chairman of Al-Bilad Islamic Bank, Aras Habib.

President Trump in April said Iran would pay a "price" if it threatens the U.S.

Lebanon's Hezbollah, the powerful Shiite guerrilla force that is also a prominent political player in Lebanon, has long helped carry out Iran's foreign policy objectives in the Arabic-speaking world.

Related News:



Most liked

Pauley Perrette Suggests That 'Multiple Physical Assaults' Led To Her 'NCIS' Exit
And Perrette seemed to imply that she had been assaulted, tweeting: 'I've been supporting anti-bullying programs forever. There may be more to Pauley Perrette's sudden departure from the long-running crime drama NCIS than originally thought.

Packers Not Expected To Sign Dez Bryant
- Not that it should come as much of a shock, but the chances that Dez Bryant ends up in Green Bay took a hit on Tuesday. Bryant will likely have to keep looking for a new team as opportunities continue to dwindle throughout the offseason.

Ireland beaten by Pakistan after gutsy debut Test effort
Imam-ul-Haq and Babar Azam were tasked with rebuilding the Pakistan innings and ensuring their side avoided an ignominious defeat. Pakistan VS Ireland test match initially restricted to four days as the rain dishearted the fans on Friday.

A British Rugby player dies in Sri Lanka
Mr Howard's post-mortem examination did not reveal any existing injury or illness that might have caused his death. Thomas Howard and Tom Baty, both 26, fell ill on Sunday morning having been to a nightclub until the early hours.

40 feared drowned as boat capsizes in Godavari River in Andhra Pradesh
Even before one come to terms with it, the fresh tragedy of capsizing of a boat carrying wedding troupe come as a huge shocker. While Navy divers were airlifted to the spot, NDRF , SDRF, Fire and other rescue teams reached by rubber boats.

Muqtada al-Sadr Alliance Wins Elections in Iraq
Sadr has led two uprisings against US forces in Iraq and is one of the few Shiite leaders to distance himself from Iran . It may be Abadi, Reuters reports, who has signaled a willingness to work with Sadr to form a working government.

Facebook suspends 200 apps over possible data misuse
They also indicated they would study the company's response to their questions as they weighed up what to do next. This illustration picture taken on April 19, 2018 in Paris shows the tablet and smartphone app for Facebook.

Malaysia's Anwar Ibrahim freed from jail
Mahathir is the leader of the ruling alliance and Anwar's PKR won the majority of parliamentary seats in the group. The royal pardon is crucial for the PKR leader who plans to return to politics after his release.

Arizona Cardinals release statement about Christian Kirk's arrest
The police report said an officer could smell alcohol on Kirk, whose eyes were bloodshot and watery. Kirk attended the Cardinals' minicamp from May 11-13.

Trump says Melania 'doing really well' after kidney procedure
Moreover, word of the diagnosis and the planned surgical procedure never leaked out of a White House defined by constant leaks. An embolization is a minimally invasive treatment that blocks one or more blood vessels or abnormal vascular channels.

Bestselling author Tom Wolfe dies in NY
New York Governor Andrew Cuomo said on Tuesday that Wolfe's "wry wit and sharp observations defined an era of life in New York ". Writer Joseph Epstein wrote in The New Republic: "As a titlist of flamboyance, he is without peer in the Western world".

United States threatens sanctions after trade body rules against Airbus
The shares of Airbus had fallen shortly after the WTO issued its findings and were poised to close down around 0.86 percent. To Airbus' point, one finding against the US now remains before the WTO, which concerns a Washington state tax measure.

Facebook Removed 2.5 Million Pieces of Hate Speech in the First Quarter
During that period, Facebook removed 583 million fake accounts and 836 million spam posts, images, videos and comments. Facebook released its Community Standards Enforcement Report to showcase what the company done to protect its users.

Putin drives truck across new bridge linking annexed Crimea to Russia
Russian Federation annexed Crimea from Ukraine in 2014, drawing sanctions and prompting a deterioration in ties with the West. The United States said the bridge opening was an attempt to solidify Moscow's "unlawful seizure" of the Ukrainian territory.

Lawmakers Increase 2018 Budget By N508bn
The delay had prompted President Muhammadu Buhari to issue a deadline to heads of all MDAs to defend their budgets unfailingly. Also, the budget has just been laid before the House of Representatives by the Appropriations Committee.