Arta Wave Sdn. Bhd.

Weapon Program: 

  • Military

Related Country: 

  • China
  • Hong Kong
  • Malaysia

Address: 

Rm. 1014, Favor Industrial Centre, 2-6 King Hong Street, Kwai Chung, Hong Kong
No. 46-1, Jalan Tasik Utama, 5 Medan, Niaga, Kuala Lumpur 57000, Malaysia
26-2, Jalan 9/23 E, Taman Danau Kota, Off Jalan Genting Klang, Kuala Lumpur 53300, Malaysia

A Malaysia-based import-export company; according to the U.S. Department of the Treasury, part of a transnational procurement network led by Hossein Hatefi Ardakani and active in Hong Kong and Malaysia that supports Iran's Islamic Revolutionary Guard Corps (IRGC) Aerospace Force Self-Sufficiency Jihad Organization (ASF SSJO) and its production of unmanned aerial vehicles (UAVs).

According to the U.S. Department of the Treasury, procured thousands of servomotors for UAVs and attempted to facilitate Ardakani's acquisition of over 1,000 servomotors on behalf of the ASF SSJO.

Other front companies facilitating Ardakani's procurement of items with UAV applications include:

Along with Nava Hobbies Sdn. Bhd., subject of U.S. Department of Justice seizure action targeting more than $800,000 in property allegedly tied to money laundering and violations of U.S. economic sanctions on Iran.

Has shared shareholders, company officials, and an address in Malaysia with Integrated Scientific Microwave Technology.

Incorporated in Malaysia in 2018, but later dissolved.

Sanctions

Added on December 19, 2023, to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMDs) and their delivery systems; foreign parties facilitating transactions for the entity or otherwise assisting the entity may be subject to U.S. sanctions; also subject to the Iranian Financial Sanctions Regulations; foreign financial institutions facilitating transactions for the entity may be prohibited from opening or maintaining correspondent or payable-through accounts in the United States; subject to heightened export license requirements (with a presumption of denial) due to involvement in activities related to WMD proliferation.

Mentioned Suspect Entities & Suppliers: 

Date Entered: 

July 31, 2024

Date Last Modified: 

July 31, 2024