First East Export Bank, P.L.C.

Also Known As: 

First East Export Offshore Bank 
FEEB
FEE Bank

 

Weapon Program: 

  • Military

Exporting Country: 

Malaysia

Address: 

- Level 10 (B1), Main Tower Office, Financial Park Labuan, Jalan Merdeka, 87000 Labuan, Malaysia (Labuan office)
- Unit Level 10 (B1), Main Office Tower, Financial Park Labuan, Jalan Merdeka, 87000 WP Labuan, Malaysia
- Unit Level 10(B1), Main Office Tower, Financial Park Labuan, Jalan merdeka, 87000 Federal Territory of Labuan, Malaysia (principal place of business)
- Unit Level 13(E), Main Office Tower, Financial Park Labuan, Jalan merdeka, 87000 Federal Territory of Labuan, Malaysia (Registered office)
- Level 10(B1), Main Office Tower, Financial Park Labuan, Jalan Merdeka, 87000 Labuan F. T.
- Level 8, Pavillion Kuala Lumpur, 168, Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia

Phone: 

+60-146-306-182, +60- 185-806-182, +6087-413188 (Labuan office), +603 - 21676600, +603 - 21676615 (Finance & Accounting Department), +603 - 21676628/27 (Trade Finance Department), +603 - 21676630 (Trade Finance Department), +603 - 21676614 (Project Financing Department), +603 - 21676621/41 (Treasury Operations Department), + 603 2167 6600 - 6604, 087-413188

Fax: 

+6087-411088 (Labuan office), +603 - 21676607, +603 2167 6607-6609, 087-411088

E-Mail: 

Supplier Web Site: 

www.feebbankmy.com 
www.feebank.com.my

Owned or controlled by, or acts on behalf of, Bank Mellat, which has facilitated hundreds of millions of dollars in transactions for Iranian nuclear, missile, and defense entities.

Wholly owns Pearl Energy Company Ltd.

Began commercial operations as a licensed offshore bank on August 16, 2009; banking license suspended by the Labuan Financial Services Authority in December 2010; directors have included: Dr. Ali Divandari, Ali Afzali, and Younes Hormozi Sheikh Tabahg.

Business Registration Number LL06889; Licensed Offshore Bank Number 090101B; SWIFT Code FEEBMYKA.

Sanctions

As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 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 13224, which targets terrorists and those providing support to terrorists or acts of terrorism; foreign parties facilitating transactions for the entity or otherwise assisting the entity are 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.

Previously added to the SDN list on November 5, 2009, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action.

Designated by the U.N. Security Council on June 9, 2010, pursuant to resolution 1737 (2006), as an entity involved in Iran’s proliferation sensitive nuclear activities or development of nuclear weapon delivery systems; removed from the U.N. list in January 2016 by U.N. Security Council resolution 2231.

Listed by the European Union on June 18, 2010 as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action.

Listed by the British government in 2015 as an entity of potential concern for WMD-related procurement, but removed in 2017 after the U.K. withdrew its Iran list.

Mentioned Suspect Entities & Suppliers: 

Date Entered: 

July 8, 2010

Date Last Modified: 

December 10, 2018