Middle East

US Treasury Sanctions Top Officials At Central Bank Of Iran

The Treasury Department accused the bank officials of funneling money to Hezbollah, which the U.S. considers a terror group.

US Treasury Sanctions Top Officials At Central Bank Of Iran
Tansim News Agency
SMS

The U.S. Treasury Department sanctioned two top officials at Iran's central bank, accusing them of funding terror groups. 

Iran Central Bank Governor Valiollah Seif and Ali Tarzali, the assistant director of the International Department at the bank, were designated as global terrorists Tuesday. 

An Iraqi bank and its chairman, along with a Hezbollah official, were also sanctioned and designated as terrorists.

The Treasury accused those Iranian bank officials of funneling millions of dollars to Hezbollah, a Lebanese group the U.S. considers a terrorist organization. President Donald Trump recently took the U.S. out of the nuclear deal with Iran in part because of the country's suspected funding of regional terrorist groups.