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February 10, 2010 

U.S. Treasury Department Adds Affiliates of Iran's Islamic Revolutionary Guard Corps to SDN List

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) today took further action to implement existing U.S. sanctions against Iran's Islamic Revolutionary Guard Corps by adding to the Specially Designated Nationals List an individual and four companies affiliated with the Revolutionary Guard pursuant to Executive Order 13382, which freezes the assets of designated proliferators of weapons of mass destruction and their supporters.

Today's action targets Khatam al­-Anbiya Construction Headquarters, an arm of the Revolutionary Guard, previously designated in 2007 pursuant to E.O. 13382.

Today's designations include Revolutionary Guard Corps General Rostam Qasemi, the commander of Khatam al-Anbiya Construction Headquarters, the engineering arm of the Revolutionary Guard that serves to help the Revolutionary Guard generate income and fund its operations. According to the Treasury Department, Khatam al-Anbiya is owned or controlled by the Revolutionary Guard and is involved in the construction of streets, highways, tunnels, water conveyance projects, agricultural restoration projects, and pipelines.

OFAC also designated the following four companies companies that are owned or controlled by Khatam al-Anbiya, or that act on its behalf, and directly support various mining and engineering projects:

  • Fater Engineering Institute
  • Imensazen Consultant Engineers Institute (ICEI)
  • Makin Institute
  • Rahab Institute
U.S. persons (i.e., U.S. companies, citizens, permanent residents) are prohibited from engaging in any transaction or dealing with any party designated under E.O. 13382.

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