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Iranian drone component procurement network sanctioned, charged by US

( April 1, 2025, 19:19 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Office of Foreign Assets Control, in coordination with the US Justice Department targeted a network of six entities and two individuals based in Iran, the United Arab Emirates and China responsible for the procurement of unmanned aerial vehicle components on behalf of Iran-based Qods Aviation Industries — a leading manufacturer for Iran’s drone program. Criminal charges were filed in the Eastern District of New York alleging the defendants conspired to provide material support to the Islamic Revolutionary Guard Corps.Statements follow below:...

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