OFAC Issues Terrorism, Iran-Related Sanctions
The Office of Foreign Assets Control on Oct. 19 sanctioned three people and seven entities for counter-terrorism and Iran-related reasons. The first set of designations target Australia-based al-Qaida-associated facilitator Ahmed Luqman Talib and his company, Talib and Sons, for supporting al-Qaida.
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The agency also sanctioned Chinese citizens Eric Chen and Daniel He, and Hong Kong companies Delight Shipping Company Limited, Gracious Shipping Company Limited, Noble Shipping Company Limited, Reach Shipping Lines Hong Kong, and Supreme Shipping Company Limited; and Shanghai-based Reach Holding Group Shanghai. The people and companies did business with the sanctioned Islamic Republic of Iran Shipping Lines and its subsidiary Hafez Darya Arya Shipping Company, the State Department said. The companies “knowingly sold, supplied, or transferred to Iran significant goods or services used in connection with the shipping sector of Iran” and helped Iran evade U.S. sanctions, the State Department said.