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US sanctioned the individuals of the IRGC 

2024.06.26, 11:10
US sanctioned the individuals of the IRGC 

On June 25, the US imposed sanctions on nearly 50 individuals and organizations for their involvement in the transfer of billions of dollars to Iran's military forces.

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The US Ministry of Finance has commented on this.

According to reports, these individuals and institutions established a "shadow banking network" that was used by the Islamic Revolutionary Guard Corps and the Iranian Armed Forces' Ministry of Defence.

"This banking network provided access to the international financial system to the IRGC and the Ministry of Defense, assisting in the transfer of billions of dollars obtained by these two institutions from the sale of oil and petrochemical products since 2020," the information stated.

According to the US Department of Treasury, the Revolutionary Guards and the Department of Defense used their funds to finance and arm Iran's proxy groups in the region, including Yemen's Houthis, via Iranian exchange networks and foreign cover companies.

At the end of the ministerial statement, it was emphasized that Iran's Revolutionary Guard Corps and Ministry of Defense use their funds to transfer drones to Russia.

 

 

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