Two Dallas businessmen, Borna ("Brad") Faizy and Touraj Ghavidel (aka "Brent Dell"), were sentenced to two years' probation and $75,000 forfeiture for making false statements to federal agents about the illegal export of computer equipment from the United States to Iran. The two defendants and their company, Signal Microsystems in Addison, Texas, also agreed to a 10-year export denial order. Between 2009 and 2011, the business exported over 1,000 export-controlled computers valued at $1,015,757 from the United States to Iran via Dubai, the United Arab Emirates.
News Briefs
May 29, 2015
-- The Export Practitioner
May 14, 2015
The U.S. House of Representatives overwhelmingly approved legislation on May 14 allowing Congress to review any potential nuclear agreement with Iran, sending the bill to the White House. The bill, which also passed the Senate by a veto-proof margin, creates a 30-day review period for Congress. If both houses of Congress disapprove of the nuclear agreement and then override the President's veto, the President would not be permitted to exercise his authority to waive sanctions on Iran. Otherwise, the President would be allowed to waive sanctions at the end of the congressional review period.
-- The Washington Post
May 13, 2015
The Czech Republic blocked an attempted purchase by Iran in January of $61 million worth of compressors, which can be used in centrifuge cascades for uranium enrichment. According to a draft of the United Nations Security Council's Panel of Experts report, seen by Reuters, Iran attempted to buy the compressors from the U.S.-owned company Howden CKD Compressors based in Prague. After false documentation intended to bypass export controls raised suspicions, Czech authorities blocked the transaction.
-- Reuters
May 11, 2015
Iran's Mahan Air has acquired nine large commercial aircraft worth over $300 million in defiance of international sanctions. Mahan Air, which has been sanctioned by the United States and European Union for its ties to the Islamic Revolutionary Guard Corps (IRGC), is suspected of using Iraq's Al-Naser Airlines as a front to buy the aircraft from Europe. The European companies involved were apparently unaware of the final destination of the airplanes. The U.S. Treasury Department has implicated Mahan Air in sending advisers and weapons to Syria and Yemen on behalf of the IRGC's Qod's Force. The nine aircraft acquired are used commercial jets manufactured between 2001 and 2009: eight Airbus A340s and one Airbus A320.
-- Financial Times
April 27, 2015
Arash Ghahreman, a naturalized U.S. citizen of Iranian origin, was convicted on April 23, 2015 of seven counts related to a scheme to purchase marine navigation equipment and military electronic equipment for export to Iran. Ghahreman acted as an agent of an Iranian procurement network, which used a front company in Dubai, TIG Marine Engineering Services, to acquire U.S. goods for illegal transshipment to, and end-use in, Iran. A co-defendant, Koorush Taherkhani, an Iranian national who was the managing director of the front company, remains a fugitive.
-- U.S. Department of Justice Office of Public Affairs
April 17, 2015
The Justice Department has charged four companies and five individuals for participating in an international network that illegally procured $24 million in controlled goods to end-users in Iran. According to a 24-count federal indictment unsealed on April 17, the procurement network conspired to export sensitive U.S.-origin electronic components with military applications to Iran via companies in Taiwan and Turkey, in violation of the International Emergency Economic Powers Act. Charges were brought against Bahram Mechanic, Tooraj Faridi, and Smart Power Systems, of Houston, Texas; Khosrow Afghani of Los Angeles, California; Arthur Shyu and the Hosoda Taiwan Limited Corporation, in Taiwan; Matin Sadeghi and Golsad Istanbul Trading Ltd., in Turkey; and the Faratel Corporation, in Iran.
-- U.S. Department of Justice Office of Public Affairs
April 13, 2015
The Russian government lifted its ban on the delivery of the S-300 air defense system to Iran on April 13. The S-300 (Antey-2500) is a long-range surface-to-air missile complex that is mobile and able to target aircraft and missiles. Russian Foreign Minister Sergei Lavrov said the S-300 system did not fall under the U.N. arms embargo and that Russia had voluntarily implemented the ban. The ban had been put in place in 2010 by then-Russian President Dmitri Medvedev.
-- Wall Street Journal
April 3, 2015
A $1.45 billion agreement between Commerzbank AG and the U.S. government to settle charges that the German bank had violated U.S. sanctions on doing business with Iran and Sudan was approved by a federal judge on April 3. The federal government agreed to defer prosecution for three years in exchange for penalties paid to the Manhattan District Attorney's office, the Federal Reserve, and the Treasury Department. If Commerzbank abides by the terms of the agreement, after three years prosecutors will ask that the charges be dropped. The bank conceded the allegations, which included the processing of more than $250 million in transactions for Iranian and Sudanese entities.
-- Bloomberg
March 25, 2015
The world's largest oilfield services company, Schlumberger Ltd., has agreed to pay $232.7 million to the United States for violating U.S. sanctions against Iran and Sudan. A subsidiary, Schlumberger Oilfield Holdings Ltd., will also plead guilty to conspiring to violate the International Emergency Economic Powers Act by facilitating illegal transactions with sanctioned countries. According to U.S. officials, Schlumberger facilitated the illegal export of drilling equipment to Iran and Sudan between 2004 and 2010. The plea agreement includes a record $155.1 million criminal fine and the forfeiture of $77.6 million in profits.
-- Wall Street Journal
March 24, 2015
The European Union intends to re-impose sanctions on 40 Iranian shipping firms linked to the Islamic Republic of Iran Shipping Lines (IRISL), Iran's national shipping line. In January, the E.U.'s General Court had struck down the sanctions, ruling that the European Union had not provided sufficient evidence linking IRISL to nuclear proliferation.
-- Reuters
