U.S. hits head of Iran’s cen­tral bank with ter­ror sanc­tions

StarMetro Calgary - - WORLD -

WASH­ING­TON — The United States des­ig­nated the head of Iran’s cen­tral bank as a ter­ror­ist on Tues­day and barred any­one from do­ing busi­ness with him, es­ca­lat­ing pres­sure on Iran in the wake of Pres­i­dent Don­ald Trump’s with­drawal from the nu­clear deal.

Vali­ol­lah Seif, the gov­er­nor of the Ira­nian cen­tral bank, was named a “spe­cially des­ig­nated global ter­ror­ist” along with an­other se­nior of­fi­cial, Ali Tarzali.

The Trea­sury De­part­ment ac­cused the men of fun­nelling mil­lions of dol­lars through an Iraqi bank to help Hezbol­lah, the Iran-backed mil­i­tant net­work that the U.S. con­sid­ers a ter­ror­ist group.

The moves come as Trump’s ad­min­is­tra­tion, af­ter deem­ing the 2015 nu­clear deal in­suf­fi­ciently tough on Iran, seeks to con­struct a global coali­tion to place enough pres­sure on Tehran that it comes back to the ne­go­ti­at­ing ta­ble to strike a “bet­ter deal.”

“The United States will not per­mit Iran’s in­creas­ingly brazen abuse of the in­ter­na­tional fi­nan­cial sys­tem,” Trea­sury Sec­re­tary Steven Mnuchin said.

“THE UNITED STATES WILL NOT PER­MIT IRAN’S IN­CREAS­INGLY BRAZEN ABUSE OF THE IN­TER­NA­TIONAL FI­NAN­CIAL SYS­TEM.” Steven Mnuchin

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