, 10 tweets, 5 min read Read on Twitter
#BREAKING
1)
In U.S.' first response to #Iran's attacks on Saudi oil facilities, the Treasury Dept. sanctions the mullahs' Central Bank of Iran, the National Development Fund of Iran & Etemad Tejarate Pars Co. under its counter-terrorism authority.
home.treasury.gov/news/press-rel…
2)
Iran’s Central Bank has provided billions of dollars to the Islamic Revolutionary Guards Corps (IRGC), its Qods Force (IRGC-QF) and its terrorist proxy, Hizballah.
3)
The NDF, being Iran’s sovereign wealth fund & whose board of trustees include Iran’s president, oil minister & the Central Bank governor, has been a major source of foreign currency and funding for the IRGC-QF & Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL).
4)
Etemad Tejarate Pars, also designated today, is an Iran-based company that is used to conceal financial transfers for MODAFL’s military purchases, including funds originating from the NDF.
5)
“Treasury’s action targets a crucial funding mechanism that the Iranian regime uses to support its terrorist network, including the Qods Force, Hizballah, and other militants that spread terror and destabilize the region," said Treasury Secretary Steven T. Mnuchin.
6)
"The United States will continue its maximum pressure campaign against Iran’s repressive regime, which attempts to achieve its revolutionary agenda through regional aggression while squandering the country’s oil proceeds.”
7)
“Iran’s Central Bank and the National Development Fund were ostensibly intended to safeguard the welfare of the Iranian people, but have been used instead by this corrupt regime to move Iran’s foreign currency reserves for terrorist proxies.”
8)
“We are putting governments on notice that they are risking the integrity of their financial systems by continuing to work with the Iranian regime’s arm of terror finance, its Central Bank,” said Sigal Mandelker, Under Secretary for Terrorism and Financial Intelligence.
9)
“We will vigorously enforce our sanctions to cut off the Iranian regime’s funding of global terrorism and its domestic oppression of the Iranian people, who are the regime’s longest suffering victims.”
10)
My initial take:
-Maximum pressure means maximum pressure.
-Interesting way to "welcome" @HassanRouhani and @JZarif to New York for the UNGA.
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