US imposes sanctions against Iran central bank governor

By Reuters
May 15, 2018

US sanctioned Iran´s central bank governor Valiollah Seif and Iraq-based Al-Bilad Islamic Bank

Governor of Central Bank of IranValiollah Seif. Photo: File

WASHINGTON: The United States on Mondaysanctioned Iran´s central bank governor Valiollah Seif and Iraq-based Al-Bilad Islamic Bank for trafficking millions of dollars for Iran´s Islamic Revolutionary Guard, the second batch of sanctions by the Trump administration since it withdrew from the Iran nuclear deal last week.

"Seif has conspired with the IRGC-QF to move millions of dollars through the international financial system in a variety of foreign currencies to allow the IRGC-QF to fund its activities abroad," the US Treasury Department said in a statement.

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


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