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