Breaking News
 |  | 

Business

Washington blacklists CBI chief

Tehran,US administration on Tuesday blacklisted Governor of Central Bank of Iran (CBI) Valiollah Seif for the alleged financial support for Lebanese Hezbollah.

Based on a statement posted on the website of the US Department of Treasury, the Office of Foreign Assets Control (OFAC) has sanctioned Seif for his alleged cooperation in transferring currencies to the Lebanese Hezbollah and supporting terrorists.

The statement which branded Seif, also governor of Al-Bilad Islamic Bank, as a terrorist, came after US President Donald Trump pulled US out of the JCPOA last Tuesday.

President Rouhani said in reaction to the US move that Tehran will continue its cooperation with the remaining five countries and if it ceases to serve Iran's interests, it will take decisions accordingly.

Source: Islamic Republic News Agency - IRNA


The iran News Gazette is mainly concerned with news and information about the Arab region and also covers international issues. Its main objective is to provide reliable and verified information on the Arab region for publishing on the digital landscape.