The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing a licensing policy update, an enforcement action, and updates to the list of Specially Designated Nationals and Blocked Persons (SDN List).
Licensing Policy Update under Operation Economic Outcast
OFAC's Iran-related specific licensing policy has been modified in furtherance of the U.S. Department of the Treasury-led Operation Economic Outcast. Effective immediately, OFAC is considering Iran-related specific license applications with a presumption of denial except as required by law or in certain circumstances, such as risk to life, limb, or environmental safety. Applicants are encouraged to subscribe to OFAC Recent Actions for further updates.
Iran Sanctions Enforcement
Dealings with sanctioned parties, as well as jurisdictions such as Iran, are generally prohibited, and Iran-related enforcement actions continue to be a top priority for OFAC. Today, OFAC announced that an individual has agreed to pay $1,427,230 to settle their potential civil liability for providing management consulting and advisory services to one of Iran's leading software solutions companies. The individual also received Iranian-origin dividends to their U.S. bank accounts and acquired real property in Iran. The settlement amount reflects OFAC's determination that the apparent violations were egregious and not voluntarily self-disclosed. OFAC's investigation and resolution of this matter was in cooperation with the Federal Bureau of Investigation, Los Angeles Field Office, Orange County Resident Agency. OFAC's aggressive enforcement campaign to hold accountable U.S. and foreign persons who violate Iran sanctions will continue as part of Operation Economic Outcast. Additional information about today's enforcement action can be found in OFAC's Enforcement Release.
Specially Designated Nationals List Updates
The following individuals have been added to OFAC's SDN List:
AL ABADA, Khaldoon Naser Maryoosh (a.k.a. AL-ABADA, Khaldun Nasir Mariush; a.k.a. AL-'IBADA, Khaldun Nasir Mariyush), Iraq; DOB 04 Jan 1980; nationality Iraq; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport B23554644 (Iraq) expires 18 Jan 2033 (individual) [SDGT] (Linked To: AIN AL IRAQ FOR PROTECTION SYSTEMS TECHNOLOGY AND AUDIO, VISUAL, AND COMMUNICATIONS SOLUTIONS COMPANY LTD).
AL AMERI, Abdullah Nadhim Luaibi (a.k.a. AL AMIRI, Abdallah Nazim Luaybi), Iraq; DOB 29 Jul 1975; nationality Iraq; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport A19542583 (Iraq) expires 22 Mar 2030 (individual) [SDGT] (Linked To: AL-MAKSUSI, Sayyid Salah Mahdi Hantush).
AL-DHUHAIBAWI, Hussein Ahmed Hussein, Iraq; DOB 15 Sep 1984; nationality Iraq; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport A14283389 (Iraq) expires 06 Oct 2026 (individual) [SDGT] (Linked To: KATA'IB HIZBALLAH).
AL-HRAISHAWI, Karrar Mohammed Qasim, Iraq; DOB 11 Sep 2000; nationality Iraq; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport A19392691 (Iraq) expires 19 Dec 2029 (individual) [SDGT] (Linked To: KATA'IB HIZBALLAH).
AL-LAMI, Ali Hasan Farhan, Iraq; DOB 18 Dec 1983; nationality Iraq; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport A11690581 (Iraq) expires 06 Jan 2025 (individual) [SDGT] (Linked To: KATA'IB HIZBALLAH).
AL-MAKANSI, Amir (a.k.a. MAKANSI, Amir), Turkey; Syria; DOB 01 Jan 1984; POB Aleppo, Syria; nationality Syria; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886 (individual) [SDGT] (Linked To: ZAHER EL DINE, Hamdi).
AL-MANDALAWI, Abdulhasan Ali Akbar Namdar (a.k.a. NAMDAR, Abdulhasan; a.k.a. NAMDAR, Abdulhasan Ali Akbar (Arabic: عبدالحسن علي اكبر نامدار)), Dubai, United Arab Emirates; DOB 08 Jul 1965; alt. DOB 1978; nationality Iraq; alt. nationality Canada; Gender Male; Passport A17942936 (Iraq) expires 14 Feb 2029; alt. Passport HN146500 (Canada) expires 25 Oct 2026 (individual) [IRAN-EO13902] (Linked To: SHAMS AND BAHR TRADING COMPANY L.L.C.).
AL-MANDALAWI, Majid Ali Akbar Namdar (a.k.a. AL-KURDI, Majid 'Ali Akbar), Dubai, United Arab Emirates; DOB 20 Jul 1972; nationality Iraq; alt. nationality Turkey; Gender Male; Passport U22423385 (Turkey) expires 04 Oct 2029; alt. Passport B08552683 (Iraq) expires 14 Feb 2032 (individual) [IRAN-EO13902] (Linked To: SHAMS AND BAHR TRADING COMPANY L.L.C.).
AL-SHAIKHLI, Mohamed Ameen Fadhil Ali, Iraq; DOB 03 Mar 1987; nationality Iraq; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport A5885383 (Iraq) expires 05 Jul 2019 (individual) [SDGT] (Linked To: KATA'IB HIZBALLAH).
AL-TAMEEMI, Abbas Jawad Kadhim (a.k.a. AL-TAMIMI, Abbas Jawad Kazim; a.k.a. "GOOGLE, Mahdi"), Iraq; DOB 14 Dec 1983; nationality Iraq; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport A14930282 (Iraq) expires 12 Jan 2027 (individual) [SDGT] (Linked To: AL-MAKSUSI, Sayyid Salah Mahdi Hantush).
HAMIEH, Abdallah (a.k.a. HAMEYE, Abdallah; a.k.a. HAMIYAH, Abdallah), Shamstar, Baalbek and Hermel, Lebanon; DOB 27 Oct 1983; nationality Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport RL1347720 (Lebanon) expires 22 Jul 2013; National ID No. 000038207763 (Lebanon) (individual) [SDGT] (Linked To: HIZBALLAH).
IBRAHIM, Hussein (Arabic: حسين ابراهيم), Baalbek-Hermel Province, Lebanon; DOB 08 May 1986; POB Nabi Chit, Lebanon; nationality Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport LR3713545 (Lebanon) expires 27 Sep 2033; National ID No. 000033040500 (Lebanon) (individual) [SDGT] (Linked To: HIZBALLAH).
WEHBE, Ghaith Hussein (a.k.a. WAHIBI, Ghayth Husayn; a.k.a. "WARTH"), Lebanon; DOB 17 Dec 1985; nationality Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; National ID No. 000025122133 (Lebanon) (individual) [SDGT] (Linked To: HIZBALLAH).
ZAHRELDINE, Mervat Jamil (Arabic: ميرفت جميل زهر الدين) (a.k.a. ZAHR EDDINE, Mirvat; a.k.a. ZAHREDDINE, Marwa Jamil; a.k.a. ZAHREDDINE, Mervat Jamil), Airport Road Karim Bldg. 7th Floor, Ghobeiry, Baabda, Lebanon; DOB 01 Jan 1991; nationality Lebanon; Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations; Gender Female; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport RL2779753 (Lebanon) (individual) [SDGT] (Linked To: ZAHER EL DINE, Hamdi).
The following entities have been added to OFAC's SDN List:
AIN AL IRAQ FOR PROTECTION SYSTEMS TECHNOLOGY AND AUDIO, VISUAL, AND COMMUNICATIONS SOLUTIONS COMPANY LTD (Arabic: شركة عين العراق لتكنولوجيا انظمة الحماية وحلول الصوت والصورة والاتصالات المحدودة) (a.k.a. AYN AL-IRAQ COMPANY; a.k.a. EIN AL-IRAQ COMPANY; a.k.a. EYE OF IRAQ COMPANY), Baghdad, Iraq; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 12 Apr 2010; Company Number 48457 (Iraq); Registration Number 75493 (Iraq) [SDGT] (Linked To: AL-MAKSUSI, Sayyid Salah Mahdi Hantush).
AL BROUJ FOR GENERAL CONTRACTING COMPANY (Arabic: شركة البروج للمقاولات العامة محدود المسؤولية) (a.k.a. AL-BROJ COMPANY FOR CONTRACTING, GENERAL TRADING, TRANSPORTATION LTD), Baghdad, Iraq; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Company Number 3219747 (Iraq) [SDGT] (Linked To: AL AMERI, Abdullah Nadhim Luaibi).
GOLD PRO SARL, Zaher El Din Property, Downtown Port, Beirut, Lebanon; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Type: Other financial service activities, except insurance and pension funding activities, n.e.c.; Identification Number 45432 (Lebanon) [SDGT] (Linked To: ZAHER EL DINE, Hamdi).
SHAMS AND BAHR TRADING COMPANY L.L.C. (Arabic: شركة شمس وبحر للتجارة ذ م م) (a.k.a. SHAMS & BAHR TRADING COMPANY L.L.C.; a.k.a. SHAMS AND BAHIR; a.k.a. SHAMS WA BAHR; a.k.a. SUN & SEA GENERAL TRADING CO LLC; a.k.a. SUN SEA GENERAL TRADING LLC; a.k.a. "SON AND SEA COMPANY"), PO Box 81033, Al Riqa Street, 3, Dubai, United Arab Emirates; 69, Al Rigga Rd, Al Muraqqabat, Deira, Dubai, United Arab Emirates; Exhibition No 3, Al Muraqqabat, Deira, Dubai, United Arab Emirates; Website www.shamsandbahr.ae; alt. Website www.shamsbahr.com; Organization Established Date 19 Mar 2001; Organization Type: Other monetary intermediation; Commercial Registry Number 56218 (United Arab Emirates); Business Registration Number 524921 (United Arab Emirates) [IRAN-EO13902].
YOUSEF IBRAHIM MANSOUR AND PARTNER FOR EXCHANGE (Arabic: شركة یوسف ابراھیم منصور وشریكھ للصیرفة) (a.k.a. YOUSSEF IBRAHIM MANSOUR AND CO. FOR EXCHANGE; a.k.a. YOUSSEF IBRAHIM MANSOUR FOR EXCHANGE; a.k.a. "YIM EXCHANGE"), Shtaura, Bekaa, Lebanon; Zahle, Lebanon; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 08 May 2006; Organization Type: Other monetary intermediation; Commercial Registry Number 4000751 (Lebanon) [SDGT] (Linked To: ZAHER EL DINE, Hamdi).
Unrelated Administrative List Changes:
None