Skip to comments.Treasury Targets Assets of Iranian Leadership
Posted on 06/05/2013 12:22:54 AM PDT by Cindy
"Treasury Targets Assets of Iranian Leadership Action Identifies Massive Network of Front Companies Hiding Assets on Behalf of the Government of Irans Leadership" SNIPPET: "The U.S. Department of the Treasury is taking action today to expose a major network of front companies controlled by Irans leadership. The Execution of Imam Khomeinis Order (EIKO), through two main subsidiaries, oversees a labyrinth of 37 ostensibly private businesses, many of which are front companies. The purpose of this network is to generate and control massive, off-the-books investments, shielded from the view of the Iranian people and international regulators. EIKO and its subsidiaries one that manages and controls EIKOs international front companies, and another that manages billions of dollars in investments work on behalf of the Iranian Government and operate in various sectors of the Iranian economy and around the world, generating billions of dollars in profits for the Iranian regime each year. EIKO and the 37 companies identified today are subject to sanctions pursuant to Executive Order 13599, which blocks the property of the Government of Iran.
Even as economic conditions in Iran deteriorate, senior Iranian leaders profit from a shadowy network of off-the-books front companies, said Under Secretary for Terrorism and Financial Intelligence David S. Cohen."
(Excerpt) Read more at treasury.gov ...
Chart - Unclassified:
A Look at Iran
I bet our government has WAY more front companies than Iran could ever dream of.
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