FINCEN SHOWS HOW IRAN FINDS MID EAST MILITANT ALLIES
May 9th, 2024
USA FIU the Financial Crimes Enforcement Network (FinCEN) has released detailed guidance on how Iran funds Middle East allies labelled as terror groups by Washington, such as Hamas, Hezbollah, Palestinian Islamic Jihad, Yemen’s Houthis and militias in Iraq and Syria.
Stressing that the Iranian government funnels funding through the Islamic Revolutionary Guard Corps (IRGC), FinCEN said revenues are generated by sales of commodities, especially oil, to countries eschewing western sanctions against Iran, such as China, which bought 1.3 million barrels a day ...
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