More Bank Mellat, Sadert Branches added to the OFAC List

Effective May 12th, 2009 (US Treasurey OFAC)

More Branches of the Iranian State Controlled Banks such as Bank Mellat appear to have been added to the OFAC SDN List , for Reason of Non Proliferation of Weapons of Mass Destructon. (NPWMD)
any funds that pass through a US bank to being frozen.

• This means any listed bank, listed anywhere in any business transaction will be flagged by complaince companies such as Accuity, SAP, Lexis Nexis and WorldCompliance.

All US businesses and citizens are prohibited by law from duing business with companies on the list.

Many internationl businesses, including insurance underwriters, use these complaince companies to avoid business with people and businesses on the list because of added expense. This is because business transactions can be slowed or halted.

Any link in an interantional business transaction that includes these entities may subject loans , shipping agreements, or insurance to slowdown or denial.

Also, business flowing through any US bank may be subject to being frozen at any time.

-Shimron Issachar


-Shimron Issachar


The following changes have been made to OFAC's SDN list:BANK MELLAT, P.O. Box 11365-5964, Tehran 15817, Iran; 327 Taleghani Avenue, Tehran 15817, Iran; all offices worldwide [NPWMD]-to- BANK MELLAT,

Head Office Bldg, 327 Taleghani Ave, Tehran 15817, Iran; 327 Forsat and Taleghani Avenue, Tehran 15817, Iran;

• PO Box 375010, Amiryan Str #6, P/N-24, Yerevan, Armenia;
• Keumkang Tower - 13th & 14th Floor, 889-13 Daechi-Dong, Gangnam-Ku, Seoul 135-280, Korea, South;
• PO Box 79106425, Ziya Gokalp Bulvari No 12, Kizilay, Ankara, Ankara, Turkey;
• Cumhuriyet Bulvari No 88/A, PK 7103521, Konak, Izmir, Turkey;
• Buyukdere Cad, Cicek Sokak No 1 - 1 Levent, Levent, Istanbul, Turkey;

all offices worldwide [NPWMD]BANK MELLI, Ferdowsi Avenue, P.O. Box 11365-171, Tehran, Iran; all offices worldwide [NPWMD]-to- BANK MELLI IRAN (a.k.a. BANK MELLI; a.k.a. NATIONAL BANK OF IRAN),

• PO Box 11365-171, Ferdowsi Avenue, Tehran, Iran; 43 Avenue Montaigne, Paris 75008, France;
• Room 704-6, Wheelock Hse, 20 Pedder St, Central, Hong Kong;
• Bank Melli Iran Bldg, 111 St 24, 929 Arasat, Baghdad, Iraq;
• PO Box 2643, Ruwi, Muscat 112, Oman;
• PO Box 2656, Liva Street, Abu Dhabi, United Arab Emirates;
• PO Box 248, Hamad Bin Abdulla St, Fujairah, United Arab Emirates;
• PO Box 1888, Clock Tower, Industrial Rd, Al Ain Club Bldg, Al Ain, Abu Dhabi, United Arab Emirates;
• PO Box 1894, Baniyas St, Deira, Dubai City, United Arab Emirates;
• PO Box 5270, Oman Street Al Nakheel, Ras Al-Khaimah, United Arab Emirates;
• PO Box 459, Al Borj St, Sharjah, United Arab Emirates; PO Box 3093, Ahmed Seddiqui Bldg, Khalid Bin El-Walid St, Bur-Dubai, Dubai City 3093, United Arab Emirates;
• PO Box 1894, Al Wasl Rd, Jumeirah, Dubai, United Arab Emirates;
• Postfach 112 129, Holzbruecke 2, D-20459, Hamburg, Germany;
• Nobel Ave. 14, Baku, Azerbaijan;
• Unit 1703-4, 17th Floor, Hong Kong Club Building, 3 A Chater Road Central, Hong Kong;

all offices worldwide [NPWMD]BANK SADERAT IRAN (a.k.a. BANK SADERAT PLC; a.k.a. IRAN EXPORT BANK),

• Alghobeiri Branch - Aljawhara Bldg, Ghobeiry Blvd, Beirut, Lebanon; Aliktisad Bldg, 3rd floor, Ras El Ein Street, Baalbak, Baalbak, Lebanon;
• PO Box 4308, 25-29 Venizelou St, GR 105 64 Athens, Attica, Greece;
• Postfach 112227, Deichstrasse 11, 20459 Hamburg, Germany;
• Postfach 160151, Friedenstr 4, Frankfurt am Main D-603111, Germany;
• PO Box 15745-631, Bank Saderat Tower, 43 Somayeh Avenue, Tehran, Iran; 1
• 6 rue de la Paix, 75002 Paris, France;
• PO Box 5126, Beirut, Lebanon;
• Khaled Bin Al Walid St, Dubai City, United Arab Emirates;
• Sheikh Zayed Rd, Dubai City, United Arab Emirates;
• PO Box 4182, Murshid Bazar Branch, Dubai City, United Arab Emirates;
• PO Box 1140, Al-Am Road, Al-Ein Al Ain, Abu Dhabi, United Arab Emirates;
• PO Box 16, Liwara Street, Ajman, United Arab Emirates;
• PO Box 700, Abu Dhabi, United Arab Emirates; No 181 Makhtoomgholi Ave, 2nd Floor, Ashgabat, Turkmenistan;
• PO Box 2256, Doha, Qatar; Sida Riad Elsoleh St, Martyrs Square, Saida, Lebanon;
• Borj Albarajneh Branch - Alholom Bldg, Sahat Mreijeh, Kafaat St, Beirut, Lebanon;
• PO Box 15175/584, 6th Floor, Sadaf Bldg, 1137 Vali Asr Ave, 15119-43885, Tehran, Iran;
• Alrose Building, 1st floor, Verdun - Rashid Karame St, Beirut, Lebanon;
• 5 Lothbury, London, EC2R 7HD, United Kingdom;
• PO Box 316, Bank Saderat Bldg, Al Arooba St, Borj Ave, Sharjah, United Arab Emirates;
• PO Box 4182, Almaktoum Rd , Dubai City, United Arab Emirates;
• PO Box 1269, Muscat 112, Oman;

all offices worldwide [SDGT]-to- BANK SADERAT IRAN (a.k.a. BANK SADERAT PLC; a.k.a. IRAN EXPORT BANK),

• Borj Albarajneh Branch - 20 Alholom Bldg, Sahat Mreijeh, Kafaat St, Beirut, Lebanon;
• 1st Floor, Alrose Bldg, Verdun - Rashid Karame St, Beirut, Lebanon;
• PO Box 5126, Beirut, Lebanon; 3rd Floor, Mteco Centre, Mar Elias, Facing Al Hellow Barrak, POB 5126, Beirut, Lebanon;
• Alghobeiri Branch - Aljawhara Bldg, Ghobeiry Blvd, Beirut, Lebanon;
• PO Box 1269, Muscat 112, Oman;
• PO Box 4425, Salwa Rd, Doha, Qatar;
• PO Box 2256, Doha, Qatar;
• 2nd Floor, No 181 Makhtoomgholi Ave, Ashgabat, Turkmenistan;
• PO Box 700, Abu Dhabi, United Arab Emirates;
• PO Box 16, Liwara Street, Ajman, United Arab Emirates;
• PO Box 1140, Al-Am Road, Al-Ein, Al Ain, Abu Dhabi, United Arab Emirates;
• Bur Dubai, Khaled Bin Al Walid St, Dubai City, United Arab Emirates;
• Sheikh Zayed Rd, Dubai City, United Arab Emirates;
• Almaktoum Rd, Dubai City, United Arab Emirates;
• PO Box 4182, Murshid Bazar Branch, Dubai City, United Arab Emirates;
• PO Box 316, Bank Saderat Bldg, Alaroda St, Borj Ave, Sharjah, United Arab Emirates;
• Ground Floor Business Room, Building Banke Khoon Road, Harat, Afghanistan;
• No. 56, Opposite of Security Department, Toraboz Khan Str., Kabul, Afghanistan;
• 5 Lothbury, London EC2R 7HD, United Kingdom;
• Postfach 112227, Deichstrasse 11, 20459, Hamburg, Germany;
• PO Box 4308, 25-29 Venizelou St, Athens, Attica GR 105 64, Greece;
• PO Box 15745-631, Bank Saderat Tower, 43 Somayeh Avenue, Tehran, Iran;
• 16 rue de la Paix, Paris 75002, France;
• Postfach 160151, Friedenstr 4, D-60311, Frankfurt am Main, Germany;
• 3rd Floor, Aliktisad Bldg, Ras El Ein Street Baalbak, Baalbak, Lebanon;
• Saida Branch, Sida Riad Elsoleh St, Martyrs Sq, Saida, Lebanon;

all offices worldwide [SDGT]BANK SEPAH, Imam Khomeini Square, P.O. Box 11364-9569, Tehran, Iran; all offices worldwide [NPWMD]-to- BANK SEPAH, Imam Khomeini Square, Tehran 1136953412, Iran;

• 64 Rue de Miromesnil, Paris 75008, France;
• Hafenstrasse 54, D-60327, Frankfurt am Main, Germany;
• Via Barberini 50, Rome, RM 00187, Italy;
• 17 Place Vendome, Paris 75008, France;

all offices worldwide [NPWMD]PERSIA INTERNATIONAL BANK PLC, #6 Lothbury, London EC2R 7HH, United Kingdom [NPWMD]-to- PERSIA INTERNATIONAL BANK PLC,

• 6 Lothbury, London EC2R 7HH, United Kingdom;
• Dubai International Financial Centre, Level 4, The Gate Building, P.O. Box 119871, Dubai, United Arab Emirates;

all offices worldwide [NPWMD]

The Rest @ OFAC

Iran has New Sanctions Imposed by the United Nations (UN)

The following story is important to Africans because these companies and people are restricted from being allowed to travel world-wide by the United Nations, as they are aleged to be involved in Nuclear Weapon Development for Iran.

This means that they are likely to try and travel and do business in Africa, especially in Shia communites where they can go unnoticed.

-Shimron

UNITED NATIONS, March 3 (Reuters) - The U.N. Security Council imposed a third round of sanctions on Iran on Monday for refusing to suspend sensitive nuclear activities but Tehran dismissed the council's decision as illegal and illegitimate.

There were 14 votes in favor, no votes against and one country, Indonesia, abstained. Previous sanctions resolutions were adopted unanimously in December 2006 and March 2007.

The resolution calls for more travel and financial restrictions on named Iranian individuals and companies and makes some restrictions mandatory.


-Keep in mind:

• Libya voted for the sanctions
• Vietnam voted for the sanctions
• United States voted for the sanctions
• Britain voted for the sanctions
• France voted for the sanctions
• China voted for the sanctions
• Russiavoted for the sanctions
• Indonesia did not vote for or against the sanctions - they abstained
  

(more from Reuters Africa)

Here is the United Nations report published 22/2/2008 by the UN's IAEA that says Iran has not complied with parts of earlier sanctions.

The names of the companies listed in the sanctions are:

• The new sanctions authorize inspection of cargo shipments at airports and seaports transported on planes or ships owned or operated by Iran Air Cargo and Islamic Republic of Iran Shipping Line that are suspected of containing banned items.
• The resolution introduces financial monitoring of two banks with suspected links to proliferation activities, Bank Melli and Bank Saderat.
• It calls on all countries "to exercise vigilance" in entering into new trade commitments with Iran, including granting export credits, guarantees or insurance.
• The resolution also orders countries to freeze the assets of 12 additional companies and 13 individuals with links to Iran's nuclear or ballistic missile programs — and require countries to "exercise vigilance" and report the travel or transit of those Iranians.

The People listed in all three of the UN Travel Bans:

• Brig. Gen. Mohammad Reza Naqdi, of the Revolutionary Guard military corps and close associate of Iran's supreme leader Ayatollah Ali Khamenei. He has alegedly tried to get around previous UN sanctions.
• Mohammad Qannadi, AEOI Vice President for Research & Development
• Dawood Agha-Jani, Head of the PFEP (Natanz)
• Behman Asgarpour, Operational Manager ( Arak)
• Seyed Jaber Safdari (Manager of the Natanz Enrichment Facilities)
• Amir Rahimi (Head of Esfahan Nuclear Fuel Research and Production Centre, which is part of the AEOI’s Nuclear Fuel Production and Procurement Company, which is involved in enrichment-related activities)
• Amir Moayyed Alai (involved in managing the assembly and engineering of centrifuges)
• Mohammad Fedai Ashiani (involved in the production of ammonium uranyl carbonate and management of the Natanz enrichment complex)
• Abbas Rezaee Ashtiani (a senior official at the AEOI Office of Exploration and Mining Affairs)
• Haleh Bakhtiar (involved in the production of magnesium at a concentration of 99.9%)
• Morteza Behzad (involved in making centrifuge components)
• Dr. Mohammad Eslami (Head of Defence Industries Training and Research Institute)
• Seyyed Hussein Hosseini (AEOI official involved in the heavy water research reactor project at Arak)
• M. Javad Karimi Sabet (Head of Novin Energy Company, which is designated under resolution 1747 (2007))
• Hamid-Reza Mohajerani (involved in production management at the Uranium Conversion Facility (UCF) at Esfahan)
• Houshang Nobari (involved in the management of the Natanz enrichment complex)
• Abbas Rashidi (involved in enrichment work at Natanz)
• Ghasem Soleymani (Director of Uranium Mining Operations at the Saghand Uranium Mine)

Here is a copy of the resolution from the Security Council Web site

Bank Mellat Statement about Being on OFAC Sanctions List - and Comments

Bank Mellat in Iran has issued a statement about it being on the US Treasury Department's Office of Foregin Asset Control list, prohibiting any US Company from doing business with the Bank directly or indirectly. Bellow is the statement, as quoted by World - Check. My comments are in Red.

-Shimron

• The statement of Bank Mellat on the illegal and baseless economic sanctions imposed by US is as below:
  
• There is no justification in international law for economic sanctions on financial institutions and banks for political reasons, and sanctions should not be used for the purpose of superimposing political aims or exert illegal pressure on other financial entities. It is US Pressure impacting US Business, but other countries may be impacted
  
• Bank Mellat strongly insists that its operation is and always has been limited to mere economic activities and there has never been a single example of the involvement of the Bank in any illegal activity. Except the Iranian Nuclear Program and support of Revolutionary Guard and Kuds financial transiactions supporting Iraqi and Hezbollah terrorist activities.
• Since international financial and banking markets are quite sensitive to any signal and accusation, imposition of false allegations will endanger worldwide economy and international business. We hope so.
  
• Bank Mellat has been engaged in a wide range of banking activities, such as banking operations in the name and on behalf of people of Iran, for various activities like opening and holding current and deposit accounts, providing banking and financing services for people's daily banking services, offering mortgages and housing facilities, as well as other commercial banking services inside and outside the country. We are glad they do some good things, too.
• one of the leading banks of Iran, Bank Mellat, through the years, has successfully and fully satisfied its customers and domestic and foreign regulators in all its overseas branches and subsidiaries. Probably true, but how deep do regulators check into Iranian government accounts?
• The recent allegations made by the USA against Bank Mellat has absolutely no justification and legal ground, and is simply based on illegal and baseless accusations. It is certainly contrary to international law, thus should have no value and effect. It Interesting that they do not site any real laws the sactions violate.
• Therefore, bank Mellat expects all international banks, and financial institutions and organisations particularly WTO, IMF, World Bank group, IFC as well as all other monetary, financial and commercial institution(s) not to permit any government to undermine internationally recognised principles for the purpose of gaining political advantages. Sounds like a threat to us...
• Ultimately, Bank Mellat reserves its rights, without prejudice to any of its other rights and privileges, to take any legal action against the current US administration and other concerned USA authorities in and and all domestic and international jurisdictions or organisations, particularly those of financial and monetary institutions, for any losses or damages as may be inflicted on the Bank, on the grounds of libel and defamation, on its personnel, branches, subsidiaries, affiliates and customers, directly or indirectly, by this irresponsible conduct. Yes, definately a threat...

Bank Mellat 20 October, 2007