April 26, 2024
2 mins read

US sanctions over dozen entities for trading with Iran

Sahara Thunder has been identified as the key front company for MODAFL’s illicit financing and a central player in Iran’s design, development, manufacture, and sale of thousands of UAVs…reports Asian Lite News

The United States has imposed sanctions on over a dozen entities, eight individuals and vessels that have facilitated illicit trade and unmanned aerial vehicle (UAV) transfer on behalf of the Iranian military.

“The United States is today imposing sanctions on 16 entities and eight individuals, as well as identifying as blocked property five vessels and one aircraft, that have facilitated illicit trade and the sale of unmanned aerial vehicles (UAVs) in support of Iran’s Ministry of Defence and Armed Forces Logistics (MODAFL) and the regime’s UAV development and procurement,” the US State Department said in a release.

Moreover, the UK and Canada are imposing sanctions targeting several entities and individuals involved in Iran’s UAV procurement and other military-related activities, respectively.

Sahara Thunder has been identified as the key front company for MODAFL’s illicit financing and a central player in Iran’s design, development, manufacture, and sale of thousands of UAVs.

Many of these designs and UAVs have ultimately been transferred to Russia for use in its war against Ukraine.

“The United States will continue to hold Iran accountable for its transfer of UAVs and other dangerous military hardware to Russia and to regional proxies,” the statement added.

Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson, said, “Iran’s Ministry of Defence continues to destabilise the region and world with its support to Russia’s war in Ukraine, unprecedented attack on Israel, and proliferation of UAVs and other dangerous military hardware to terrorist proxies.”

“The United States, in close coordination with our British and Canadian partners, will continue to use all means available to combat those who would finance Iran’s destabilising activities,” Nelson added.

Sahara Thunder has also played an instrumental role in the Iranian military’s sale of UAVs.

“MODAFL has cooperated with Russia to finance and produce Iranian-designed one-way attack UAVs at the US-sanctioned Joint Stock Company Special Economic Zone of Industrial Production Alabuga (SEZ Alabuga) facility in Russia under a USD 1.75 billion contract,” the US Department of Treasury said.

As of late 2022, Russian officials were negotiating a deal for Sahara Thunder to deliver and produce thousands of UAVs per year at this facility.

The Russian military have been using these UAVs in Ukraine against critical infrastructure and civilian targets, the statement added. (ANI)

ALSO READ-Iran to Reimpose Stadium Ban on Women

Previous Story

Emirati Field Hospital in Gaza scores medical feat

Next Story

VP meets with 200 Emirati young people in ‘Youth Retreat’

Latest from -Top News

Modi’s 3-Nation Mission Begins

This three-nation tour is also an opportunity to thank partner countries for their steadfast support to India in our fight against cross-border terrorism…reports Asian Lite News Ahead of his departure for a

Pentagon Labels China Top Threat

Hegseth told a House defence panel that Beijing is preparing for war in the Indo-Pacific to assert regional and global dominance. US Secretary of Defence Pete Hegseth stated on Tuesday that China

NTSB to probe Air India crash

The National Transportation Safety Board stated that as per protocols, all information on the investigation will be provided by India National Transportation Safety Board (NTSB), an independent US government agency tasked with

‘I don’t know how I’m alive’

Vishwash Kumar Ramesh is believed to be the sole survivor of the Air India Flight 171 crash. His brother said he video called their father moments after the crash to say: “I
Go toTop

Don't Miss

‘World Has Ability to Build Clean Energy Future’

Emphasising that the globe is standing at an inflexion point

US Military Strikes, Kills Kataib Hezbollah Commander in Iraq

CENTCOM added that the strike caused no collateral damage or