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US Treasury says removing sanctions on 3 Iranians does not reflect sanctions policy


July 5, 2021 06:21:59 pm
The US Department of the Treasury on Friday removed sanctions on three Iranians, but stated that the move did not reflect a change in its sanctions policy toward Iran.
The department announced that it had removed Behzad Ferdows, Mehrzad Ferdows and Mohammad Reza Dezfulian from the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list. This means that they are no longer blocked under Executive Order 13382. 
The Treasury originally imposed sanctions on the three men in September 2020. Behzad Ferdows and Mehrzad Ferdows were placed on the list for acting on behalf of the Iranian manufacturer Mammut Industries. Mohammad Reza Dezfulian was placed on the list for acting on behalf of Mammut Industries’ subsidiary, Mammut Diesel. Both Mammut Industries and Mammut Diesel had previously been placed on the SDN list.  As part of the sanctions, the US froze the assets of each individual and barred US citizens from conducting ....

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U.S. Drops Sanctions On Three Iranians, Says Move Not Linked To Talks To Revive Nuclear Deal


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The United States has removed sanctions on three Iranians but said the move had nothing to do with talks on reviving the 2015 Iran nuclear deal.
The three Iranians Behzad Ferdows, Mehrzad Ferdows, and Mohammad Reza Dezfulian are no longer blocked under an executive order targeting proliferators of weapons of mass destruction and their supporters,
The Treasury s Office of Foreign Assets Control (OFAC)
sanctioned the Iranians in September. It said Behzad Ferdows and Mehrzad Ferdows were shareholders in Mammut Industries, which the department said provided support to Iran’s ballistic missile program.
It said Dezfulian was managing director of Mammut Diesel, a subsidiary of Mammut Industries. ....

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