The Treasury Department named Valiollah Seif a "specially designated global terrorist" who is being accused of helping transfer millions of dollars to Hezbollah, the Iran-backed militant group.
The Treasury said that Seif undermined the central bank's credibility by routing millions of dollars from the Quds Force, the expeditionary unit of Iran's hardline Revolutionary Guards, to al-Bilad Islamic Bank.
The IRGC is Iran's strongest military force that was founded after the Iranian revolution in 1979. The European members of the deal are attempting to maintain it alive with out the U.S. But it is unclear that will likely be workable, as a result of Trump has vowed to punish European firms that proceed doing enterprise with Iran regardless of re-imposed U.S. sanctions.
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The combined company will be jointly controlled by Vodafone and the Aditya Birla Group. During his time at Vodafone , Colao has steered the company towards success.
The U.S. also said it is imposing so-called secondary sanctions on Seif, meaning anyone who does business with him could be cut off from the U.S. financial system.
The OFAC also blacklisted Al-Bilad Islamic Bank in Iraq and its chairman, Aras Habib, saying he helped the IRGC-QF to move funds from Tehran to Hizballah.
It said, however, that sanctions being reimposed after the withdrawal of the United States from the Iran nuclear deal would affect certain US dollar transactions by the central bank starting from August 7, 2018. "No action taken by the regime has been more unsafe than its pursuit of nuclear weapons and the means of delivering them", the President added.
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President Trump has always been critical of the Obama-era agreement, calling it an "embarrassment" and "one of the worst and most one-sided transactions the United States has ever entered into". Within the aftermath of the 2015 worldwide nuclear accord, through which nuclear sanctions on Iran had been lifted, Seid was a outstanding voice complaining that Iran was nonetheless being saved out of the worldwide monetary system and never receiving the financial advantages it was promised in change for curbing its nuclear program.
The European members of the deal - France, the United Kingdom and Germany - are trying to keep it alive without the U.S. Yet it's unclear that will be workable, because Trump has vowed to punish European companies that continue doing business with Iran despite re-imposed U.S. sanctions. Trump called the deal unfair and doubted that it would limit the nuclear ambitions of Tehran.
"Iran will not violate the nuclear deal, but if the United States withdraws from the deal, they will surely regret it".
Islamic State group claims deadly Indonesia church attacks
The Indonesian government reported past year that up to 500 of its citizens had journeyed to Syria in order to fight for ISIS . Officials say they foiled several planned attacks on Sunday, killing four suspected members of JAD and arresting two others.
The administration "strongly support Israel's right to act in self-defense", the White House said in a statement Thursday. Iran insists its efforts have been for research and technology, and that its missiles are purely defensive.