March 26, 2025
Publication:
U.S. Department of Justice
Related Country:
- Croatia
- Malaysia
The U.S. Department of Justice filed a civil forfeiture complaint for $47 million in proceeds from a sale of Iranian oil. The complaint alleges the oil in question was part of an export scheme from 2022 to 2024 that benefitted the Islamic Revolutionary Guard Corps (IRGC) and its Qods Force. The oil was allegedly shipped from Iran to a storage facility in Croatia with falsified documents claiming its country of origin to be Malaysia. The storage fees were paid in U.S. dollars, causing the transactions to be conducted through U.S. banks. The oil was sold in 2024 and the United States seized the proceeds.
