( February 2, 2024, 19:14 GMT | Official Statement) -- MLex Summary: The US Justice Department announced three federal cases across two district courts over schemes to fund Iran's Revolutionary Guard Corps through illicit trafficking of Iranian oil, fraud, money laundering and sanctions evasion. “Iran utilizes the proceeds of its black-market oil sales to fund its criminal activities, including its support of the IRGC, Hamas, Hizballah, and other Iranian aligned terrorist groups,” said Attorney General Merrick Garland. “The Justice Department is targeting this funding source by seizing over $108 million and 500,000 barrels of fuel that would otherwise have enabled Iran to further its destabilizing activities that threaten our national security."Statement follows below:...
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