Pearl Energy Company Ltd

Also Known As: 

Pearl Energy Company

Weapon Program: 

  • Military

Address: 

Level 13(E) Main Office Tower, Jalan Merdeka, Financial Park Complex, Labuan, 87000, Malaysia

Phone: 

6087541688

Fax: 

6087453688

A wholly-owned subsidiary of First East Export Bank.

Listed by the European Union on May 23, 2011 as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action.

Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on November 30, 2010, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action.

Pearl Energy Services SA is a subsidiary; formed by First East Export Bank to provide economic research; board of directors has included Ali Afzali; former board chairman is Ali Divandari.

Mentioned Suspect Entities & Suppliers: 

Date Entered: 

January 3, 2011

Date Last Modified: 

January 16, 2016