President Donald Trump’s Treasury Department is sanctioning an Iranian national and his corporate network for what Treasury says is the laundering hundreds of millions of dollars in illicit petroleum products “to evade U.S. sanctions and generate revenue for Iran.”
Iranian shipping magnate Seyed Asadollah Emamjomeh has worked with companies affiliated with Iran’s Islamic Revolutionary Guard Corps to illegally transport crude oil and liquefied petroleum gas to foreign markets, according to the Treasury Department.
The Islamic Revolutionary Guard Corps is the military arm of Iran’s regime.
Emamjomeh is said to have violated Trump’s Feb. 4 memo restoring maximum pressure on Iran. The memo “den[ied] Iran all paths to a nuclear weapon, and counter[ed] Iran’s malign influence abroad.”
The Iranian national once attempted to transport liquefied…
