TEHRAN, Mar 27 - The US government has imposed new sanctions on an Iranian bank and its subsidiaries, accusing them of using front companies in three countries which the lender dismissed as a “sheer lie” on Wednesday.
TEHRAN, Young Journalists Club (YJC) - The US Treasury said it targeted 25 people, firms and Iranian government for allegedly helping Iran’s Ansar Bank evade unilateral American sanctions on the Islamic Republic.
The action identified four firms in Iran, Turkey and the United Arab Emirates as front companies for Iran’s Ansar Bank, which it accused of funneling money to the Islamic Revolution Guards Corps (IRGC) and related groups.
The Iranian bank hit back at the “desperate move”, saying it was a testimony to the failure of US sanctions which it said would not affect its operations.
“The excuses mentioned, including Ansar Bank’s connection with overseas networks in Turkey and the UAE, and the names of certain unrelated natural and legal persons cited are sheer delusions and lies and the claims are rejected,” the bank said in a statement.
Source: Presstv