(Reuters) - The United States on Thursday imposed sanctions on Iran's Bank Refah for facilitating the purchase of millions of dollars worth of missiles and tanks by the Defense Ministry.
Those purchases enabled Iran's leadership to maintain its fighter jets and submarines, the U.S. Treasury Department said in its announcement.
"Treasury has now exposed 20 banks owned by the government of Iran for supporting Iran's nuclear and missile programs or terrorism," said Stuart Levey, Treasury Undersecretary for Terrorism and Financial Intelligence.
Treasury said Bank Refah also facilitated payments from the Iran Aircraft Manufacturing Industrial Company to businesses and individuals linked to Iran's weapons-related procurement.
"The pervasiveness of this illicit conduct explains why legitimate financial institutions everywhere are deciding to shun Iranian banks," said Levey, a holdover from the Bush administration who announced his resignation late last month.
The latest actions prohibit U.S. entities from any transactions with the designated firms and individuals, and seek to freeze assets they may have under U.S. jurisdiction.
Previous similar moves also have effectively cut off international financing to sanctioned entities.
The European Union imposed sanctions against Bank of Refah in July 2010, the Treasury said.
Iran says its nuclear enrichment program is designed to generate electric power. The United States and its W... >>>
|نسرین ستوده: زندانی روز||Dec 04|
|Saeed Malekpour: Prisoner of the day||Lawyer says death sentence suspended||Dec 03|
|Majid Tavakoli: Prisoner of the day||Iterview with mother||Dec 02|
|احسان نراقی: جامعه شناس و نویسنده ۱۳۰۵-۱۳۹۱||Dec 02|
|Nasrin Sotoudeh: Prisoner of the day||46 days on hunger strike||Dec 01|
|Nasrin Sotoudeh: Graffiti||In Barcelona||Nov 30|
|گوهر عشقی: مادر ستار بهشتی||Nov 30|
|Abdollah Momeni: Prisoner of the day||Activist denied leave and family visits for 1.5 years||Nov 30|
|محمد کلالی: یکی از حمله کنندگان به سفارت ایران در برلین||Nov 29|
|Habibollah Golparipour: Prisoner of the day||Kurdish Activist on Death Row||Nov 28|