U.S. Issues Fresh Iran Sanctions Targeting IRGC’s ‘Web of Front Companies'

March 26, 2020

Author: 

Elizabeth Hagedorn

Publication: 

Al-Monitor

Related Country: 

  • Iraq
  • United States
  • Yemen

The United States sanctioned 20 companies and individuals with ties to the Islamic Revolutionary Guard Corps (IRGC), the IRGC-Quds Force, and Iran-backed militias in Iraq. The sanctions target a network of front companies used to fund terrorist activities in the region, including the Reconstruction Organization of the Holy Shrines in Iraq, as well as Kataib Hezbollah commander Shaykh Adnan al-Hamidawi, and IRGC officials accused of selling Iranian oil to Syria and smuggling weapons to Yemen and Iraq.