U.S. sanctions Iranian and Turkish firms for missile aid
The Treasury on Tuesday blacklisted six individuals and five business entities in Iran and Turkey for providing materials and support to Iran's ballistic missile development efforts, Reuters reported.
The sanctions target a procurement network that has facilitated more than $7 million in transactions for Aerospace Industries Organization, which oversees all of Iran's missile industries, the Treasury said in a statement.
The actions ban U.S. entities from transactions with the blacklisted people or businesses and seek to freeze any assets they may have under U.S. jurisdiction. The sanctions were imposed under a 2005 White House executive order aimed at disrupting proliferators of weapons of mass destruction by denying them access to the international financial system.
Aerospace Industries Organization was put on the Treasury's blacklist in 2005.
The Treasury said the supply network targeted in Tuesday's announcement is run by Iranian national Milad Jafari, his father, Mohammad Javad Jafari, and his brother, Mani Jafari.
Separately, the U.S. Justice Department issued an indictment against Milad Jafari, 36, for conspiring to violate U.S. sanctions in 2007 by placing a $38,000 order for 660 pounds of a specialized steel welding wire used in aerospace applications with a Nevada company. He also ordered 4,410 pounds of a high-grade temperature-resistant stainless steel from a firm in Ohio, the Justice Department said.
The shipments were detained before they left the United States, the Justice Department said.