US sanctions Chinese entities, individuals for allegedly financing Iran-related terror activities
Several of the sanctioned companies are based in Hong Kong
The Treasury Department has sanctioned several Chinese entities and individuals for allegedly financing Iran-related terrorist activities.
The agency's Office of Foreign Assets Control said Friday it is imposing sanctions on members of the networks that finance the terrorist organization Hezbollah in Lebanon and Kuwait, according to the Epoch Times.
Several of the sanctioned companies are based in Hong Kong including PCA Xiang Gang Ltd.; Damineh Optic Ltd.; China 49 Group Co. Ltd.; Taiwan Be Charm Trading Co., Ltd.; and Black Drop Intl Co., Ltd., the news outlet also reports.
The companies are either directly or indirectly owned, controlled or directed by Morteza Minaye Hashemi, an Iranian businessman living in China who’s also on the sanctions list.
Hashemi is accused by the U.S. government of funding the Islamic Revolutionary Guard Corps-Quds Force, the Epoch Times also reports.
News, not Noise
- New video from Jan. 6 shows officers allowing people to enter Capitol
- Steele's defense of dossier collides with an avalanche of evidence to the contrary
- Eric Greitens: 'Hundreds of ID cards' on Mexican side of border, as Biden opens U.S. 'to terrorists'
- Supreme Court to consider lawsuit challenging teacher union dues
- Facebook tells Arizona AG it allows messages on human smuggling