UK Sanctions Networks Connected to Iran
The U.K. this week sanctioned one person and four entities for supporting the government of Iran and "fuelling its attempts to undermine stability in the Middle East and global security." The designations target Hossein Shamkhani and subject him to director disqualification restrictions, which ban him from operating as a director of any U.K. company. The U.K. also sanctioned Admiral Shipping Group, Milavous Group, Ocean Leonid Investments and Petrochemical Commercial Co.
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Hamish Falconer, the U.K. minister for the Middle East, said Iran continues to rely on revenues from trading networks that allow it to "carry out its destabilising activities, including supporting proxies and partners across the region and facilitating state threats on UK soil." The U.K. is "clear that we will continue to hold Iran to account, and today’s designations mark a definitive step in doing so."