www.jns.org By JNS
“Iran is increasingly relying on key business partners like the Al-Qatirji Company to fund its destabilizing activities and web of terrorist proxies across the region,” a Treasury official stated.
The U.S. Treasury Department announced that it was imposing new sanctions on Thursday on a Syrian conglomerate accused of funneling hundreds of millions of dollars to Iran.
The Al-Qatirji Company allegedly used a fleet of oil tankers to sell Iranian oil to Syria and China, ultimately benefiting the Houthis in Yemen and the Iranian Islamic Revolutionary Guard Corps’ Quds Force.
“The Al-Qatirji Company enabled the IRGC-QF to generate and access hundreds of millions of dollars in revenue this year alone,” stated Matthew Miller, the U.S. State Department spokesman. “The Al-Qatirji Company launders revenue from selling Iranian oil and then provides millions of dollars per month to the Houthis, knowingly funding attacks carried out by the Houthis.”
According to the U.S. Treasury, the company exports millions of barrels of oil annually and then launders the money through cities like Beirut and Istanbul before splitting it between Iran and the Houthis…
READ FULL ARTICLE HERE… (jns.org)
Home | Caravan to Midnight (zutalk.com)
