Bush Administration Announces More
Sanctions On Iran Officials, Firms:
Waste Of Time
July 9, 2008
The
Bush administration moved Tuesday to impose financial sanctions
on Iranian officials and companies accused of helping the
country develop nuclear weapons.
The action by the departments of State and Treasury marks the
latest effort to tighten the financial noose on Iran, which the
United States accuses of “bankrolling terrorism and seeking a
nuclear bomb”.
"Iran's nuclear and missile firms hide behind an array of agents
that transact business on their behalf," said Stuart Levey, the
Treasury's under secretary for terrorism and financial
intelligence. "As long as Iran continues to engage in such
deceptive practices, companies and banks must exercise
extraordinary vigilance to avoid participating in illicit
transactions."
Mohsen Fakhrizadeh-Mahabadi, a senior scientist at the Ministry
of Defense and Armed Forces Logistics, was among those targeted
on Tuesday.
The others cited were: Yahya Rahim Safavi, a commander of the
Iranian Revolutionary Guard Corps.; Dawood Agha-Jani, who is
involved in Iran's nuclear program; Mohsen Hojati, involved in
the country's ballistic missile program; Mehrdada Akhlaghi
Ketabachi, the head of the Shahid Bakeri Industrial Group; and
Naser Maleki, head of the Shahid Hemmat Industrial Group and an
official in the Iranian defense ministry.
The action means that any bank accounts or financial assets
found in the United States that belong to these people are
frozen. Americans also are prohibited from doing business with
them. The departments also cover the TAMAS Co. for its alleged
involvement in enrichment-related activities and Shahid Sattari
Industries.
The US Government also imposed sanctions on three other entities
believed to be owned or controlled by Iran's Defense Industries
Organization, which was put on the United States' blacklist last
year.
West 'Wasting Time' with Nuclear Demands
World powers are "wasting their
time" by insisting that Iran must suspend uranium enrichment to
end the standoff on the five-year nuclear crisis, its ambassador
to Britain said on Tuesday. "The question of suspending uranium
enrichment has become part of history and the West is just
wasting its time by insisting on this illegal and illogical
demand," Rassoul Movahedian told the official IRNA news agency.
Iran last week responded to an
offer from world powers to end the nuclear crisis and diplomats
are now analyzing what they say is a complex answer from Tehran.
The offer from world powers proposes that Iran suspends uranium
enrichment in exchange for technological incentives.
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