Turkey

1986-01-01

Dubai, United Arab Emirates

U24258057, Passport; U13652962, Passport; 25406705762, National ID No.

As a result of U.S. sanctions, CGN Trade transferred its business operations to a closely affiliated company, UAE-based Transmart DMCC (Transmart), which also works to support illicit financial networks on behalf of the IRGC-QF. Transmart owner and CEO Zabi Vahap (Vahap) controls Transmart operations, having served a similar role with CGN Trade. Vahap and Adelina Kuliyeva, who holds power of attorney for both CGN Trade and Transmart, work closely with U.S.-designated IRGC-QF official Mohammad Sadegh Karimian (Karimian) to facilitate the sale of Iranian commodities to foreign buyers, proceeds of which have been sent to CGN Trade, Transmart, and Singapore-based MSE Overseas PTE. Ltd. (MSE Overseas). Zabi Vahap is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support, for, or goods or services to or in support of, Karimian, and for owning, controlling, or directing, directly or indirectly, Transmart.

https://home.treasury.gov/news/press-releases/jy1932

2023-11-29

US

Iranian Financial Sanctions Regulations, 31 CFR part 561

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.

SDN