U.S. Treasury lists companies that allegedly evaded Iran sanctions, aided nuclear program

The U.S. Department of the Treasury and State announced on Thursday a list of companies and individuals that were allegedly found to have evaded international sanctions against Iran and supported Iran's nuclear program.

"The Joint Plan of Action reached in Geneva does not, and will not, interfere with our continued efforts to expose and disrupt those supporting Iran's nuclear program or seeking to evade our sanctions," Under Secretary for Terrorism and Financial Intelligence David S. Cohen said. "These sanctions have isolated Iran from the international financial system, imposed enormous pressure on the Iranian economy, and motivated the Iranian leadership to make the first meaningful concessions on its nuclear program in over a decade."

The new designations revealed alleged efforts by Iran to conceal its nuclear program and evade of sanctions by using front companies and partners in neighboring countries. The U.S. Department of the Treasury and State Department maintains its commitment to enforcing sanctions against Iran to encourage the exclusively peaceful use of its nuclear program.

The U.S. generally prohibits transactions between those who have been designated and any U.S. person. Any assets between U.S. persons and designees under U.S. jurisdiction may be frozen and international financial institutions with relations to designees may have property or access to U.S. financial institutions blocked.

"Today's actions should be a stark reminder to businesses, banks, and brokers everywhere that we will continue relentlessly to enforce our sanctions, even as we explore the possibility of a long-term, comprehensive resolution of our concerns with Iran's nuclear program," Cohen said.