British national Colin Fisher pleaded guilty in a U.S. District Court in Florida to attempting to smuggle U.S. power-generating equipment to Iran and violating the International Emergency Economic Powers Act (IEEPA). Between October 2017 and August 2020, he attempted to export a Solar Mars 90 S turbine core engine, valued at $500,000, and other U.S.-made equipment to an end user in Iran. Fisher was arrested upon arrival at Pensacola International Airport returning from a trip to the United Arab Emirates, where he had arranged the purchase. He faces up to 30 years in prison. Fisher's partner in the scheme, James Meharg, chief executive and president of Turbine Resources International LLC, was convicted earlier and is currently serving a 40-month sentence in federal prison.
News Briefs
September 1, 2020
-- The Pensacola News Journal
August 29, 2020
Iran's central bank announced plans to challenge a U.S. lawsuit to seize $1.7 billion in Iranian assets held by the Luxembourg-based Clearstream, a unit of German stock exchange operator Deutsche Boerse. U.S. authorities have spent several years investigating whether Clearstream violated U.S. money laundering and Iran sanctions laws. In 2019, a Luxembourg court declined to act on a ruling by a U.S. court that would have enabled the families of U.S. citizens affected by terrorism to claim Iranian assets held by Clearstream. Deutsche Boerse has denied wrongdoing and intends to challenge the U.S. claim to the Iranian assets.
-- Reuters
August 28, 2020
A court in Bahrain imposed $1 million fines each on three executives of Future Bank, a financial institution accused of helping Iran evade sanctions and launder money. Each executive was also sentenced to five years in prison. In addition, the court fined the Central Bank of Iran and other Iranian banks involved in the evasion scheme $1 million each. According to the court, Future Bank violated Bahraini laws and regulations, including by transferring $2.7 billion through an informal alternative to the SWIFT system. Bahraini officials allege that Future Bank concealed transactions totaling $7 billion dollars between 2004 and 2015, involving hundreds of bank accounts and phantom loans to front companies for the Islamic Revolutionary Guard Corps (IRGC). Bahrain seized Future Bank's assets in 2016.
-- News of Bahrain
August 27, 2020
The Golsan, an Iranian merchant vessel, delivered supplies for an Iranian supermarket in Venezuela before refilling with 14 thousand metric tons of Venezuelan alumina, which is used to manufacture aluminum. The Golsan docked at a port belonging to CVG Bauxilum, a Venezuelan state-owned enterprise specializing in alumina. The Iranian company Mosakhar Darya Shipping Co. owns the Golsan, and the Iranian firm Rahbaran Omid Darya manages it. In November 2018, the United States sanctioned both companies, which share an address.
-- Reuters
August 24, 2020
Alexander Stuchilin, the deputy chief executive of the Russian research center Rezonans, claimed that Iran succeeded in using the Russian-manufactured Rezonans-NE radar to track U.S. F-35 fighter aircraft flying near Iran's borders in early 2020. According to Stuchilin, Iran had been employing the system for several years.
-- TASS
August 21, 2020
Colombian President Ivan Duque claimed that Venezuela was attempting to obtain missiles from Iran. Duque cited reports from "international intelligence agencies." According to Duque, Venezuela had yet to acquire the missiles, but the country had tasked Venezuelan Defense Minister Vladimir Padrino with overseeing missile-related engagement with Iran.
-- MercoPress
August 20, 2020
U.S. Secretary of State Mike Pompeo formally notified the United Nations that the United States is seeking the return of all international sanctions on Iran, or "snapback," under the terms of the Joint Comprehensive Plan of Action (JCPOA). According to the JCPOA, any participant to the agreement can notify the U.N. Security Council that Iran is no longer complying with the agreement. If the U.N. Security Council fails to pass a resolution extending sanctions relief within 30 days of such a notification, all previous U.N. sanctions on Iran automatically come back into effect. France, Germany, Iran, Russia, and the United Kingdom argue that the United States lacks the standing to invoke the JCPOA because the United States withdrew from the agreement in 2018. The United States argues that it has the "explicit right" to evoke snapback since the JCPOA was enshrined by U.N. Security Council Resolution 2231. The U.S. move to invoke the full "snapback" of sanctions follows its failure to extend a U.N. arms embargo on Iran.
-- Voice of America
August 20, 2020
The U.S. Justice Department charged Ali Chawla, a Pakistani national in the Iranian city of Qom; Asim Naqvi, a U.S. national in Houston; and Muzzamil Zaidi, a U.S. national in Qom, with violating the International Emergency Economic Powers Act by moving U.S. currency to Iran at the behest of Iranian Supreme Leader Ali Khamenei. U.S. officials alleged that Chawla, Zaidi, and other members of the group Islamic Pulse received permission from Khamenei to collect a religious tax on his behalf, sending half the money to Iran and half to Yemen. This operation continued after the United States imposed sanctions on Khamenei in 2019. According to the Justice Department, all three defendants "have considerable operational links" to the Islamic Revolutionary Guard Corps (IRGC).
-- Voice of America
August 20, 2020
Iranian Defense Minister Amir Hatami claimed to unveil two new missiles on National Defense Industry Day, including a ballistic missile with a range of 1,400 km and a cruise missile with a range of 1,000 km. Iran named the missiles after the Iraqi militia leader Abu Mahdi al-Muhandis and the Iranian General Qassem Soleimani, both of whom died in a U.S. airstrike in January. Iran also unveiled a fourth-generation light turbo-fan engine for drones and inaugurated a production line for the Owj engine for the twin-seat Kowsar fighter jet.
-- Al-Jazeera
August 17, 2020
Brigadier General Amir Hatami, the head of Iran's Ministry of Defense, announced that industrial companies controlled by the Ministry have signed $950 million in contracts with the automotive industry. In June, the Islamic Revolutionary Guard Corps (IRGC) formed a committee with the Iranian Ministry of Industry and Mines to facilitate involvement of the IRGC in the automotive industry.
-- Radio Farda
