1953-06-03

The U.S. Department of the Treasury today announced the designation of a multi-million dollar procurement network that provides support to Iran’s Aerospace Industries Organization (AIO), which oversees all of Iran’s missile industries. Milad Jafari runs the procurement network along with his father, Mohammad Javad Jafari, and brother, Mani Jafari.  Turkish nationals and key associates of Milad Jafari, Muammer Kuntay Duransoy and Cagri Duransoy, facilitate transactions on behalf of the network.  Milad and Mani Jafari’s mother, Mahin Falsafi, operates the network’s bank accounts at the Export Development Bank of Iran (EDBI), which was designated by Treasury in October 2008 for providing financial services to Iran’s Ministry of Defense of Armed Forces Logistics (MODAFL) and its subordinate entities.

https://home.treasury.gov/news/press-releases/tg1044

2011-02-01

US

Weapons of Mass Destruction Proliferators Sanctions Regulations, 31 C.F.R. part 544

OFAC-horizontal

Non-Proliferation

Blocking Property

On April 13, 2009, OFAC issued the Weapons of Mass Destruction Proliferators Sanctions Regulations, 31 CFR part 544 (74 FR 16771, April 13, 2009) (the “Regulations”), to implement Executive Order (E.O.) 13382 of June 28, 2005, “Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters” (70 FR 38567, July 1, 2005)

SDN