Rick Claypool on Pay to Play Corporate Crime Enforcement 
Labaton Launches Whistleblower Practice with Former SEC Acting Chair Allison Herren Lee 
Kremlin payment firm A7 has been pumping billions in ‘untraceable’ cash into global financial system 
The decision, which risks complicating Donald Trump’s visit to China next week, was announced on Friday by the Treasury and State departments.
A Treasury Department press release said those targeted were “enabling efforts by Iran’s military to secure weapons” or securing “raw materials with applications in Iran’s Shahed‑series unmanned aerial vehicles and ballistic missile programme”.
Advertisement
The Chinese embassy in Washington, the foreign ministry and the companies sanctioned have been asked for comment.
The Treasury Department sanctions target five firms and one individual. They include Yushita Shanghai International Trade Company, which is accused of helping Tehran to buy arms.
Advertisement
Meanwhile, Hitex Insulation Ningbo Company is accused of supplying millions of dollars’ worth of materials used in ballistic missile research and flight test launches. Its legal representative, Li Genping, was also sanctioned.
Don't Miss:
-
A Total of 13 Mass Graves Have Been Found in Viesca Containing the Charred Remains of Men and Women
-
Jorge Luis Zambrano, alias “Rasquiña”
-
El Taliban Fell In Mazatlán… And What He Confessed Ties Everything Together
-
Inside the Camp at the Heart of Honduras’ Garífuna Land Struggle
-
This Is How the MataZetas Captured and Executed the Zetas