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Financial exchange houses, companies sanctioned by US for supporting Houthi aggression via Iranian commodities sales

( December 7, 2023, 16:43 GMT | Official Statement) -- MLex Summary: The US Treasury Department said it has sanctioned 13 individuals and entities responsible for providing tens of millions of dollars’ worth of foreign currency generated from the sale and shipment of Iranian commodities, backed by the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), to the Houthis in Yemen. Through a complex network of exchange houses and companies in multiple jurisdictions, these persons, serve as an important conduit through which Iranian money reaches the country’s militant partners in Yemen, Treasury said.Statement follows below:...

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