US imposes sanctions on Iraqi company over Iran ties
Tehran (KNA) - The United States has imposed illegal sanctions on an Iraqi company, citing its ties with the Islamic Republic of Iran.
The US Treasury Wednesday unveiled the sanctions against the company and two of its associates claiming they had ties with Iran's Islamic Revolutionary Guard Corps, Reuters reported.
"Treasury is taking action to shut down Iranian weapons smuggling networks that have been used to arm regional proxies of the IRGC Qods Force in Iraq, while personally enriching regime insiders," Treasury Secretary Steven Mnuchin claimed. "The Iraqi financial sector and the broader international financial system must harden their defenses against the continued deceptive tactics emanating from Tehran in order to avoid complicity in the IRGC's ongoing sanctions evasion schemes and other malign activities."
Source: PressTV