Iran News ...


04/28/16

Gold Trader Pleads Not Guilty To Helping Iran Evade U.S. Sanctions

Source: RFE/RL

A Turkish gold trader pleaded not guilty to charges that he conspired to conduct hundreds of millions of dollars in financial transactions to help the Iranian government evade U.S. sanctions. Reza Zarrab, a dual citizen of Turkey and his native Iran, entered the plea at a hearing before Judge Richard Berman in U.S. District Court in Manhattan. He was arrested last month in Miami.


Zarrab, 33, was charged in an indictment last month along with one of his employees, Kamelia Jamshidy, and Hossein Najafzadeh, a senior officer at a unit of Bank Mellat in Iran. The other two defendants, both Iranian, remain at large.

Prosecutors said that from 2010 to 2015, the trio helped Iranian individuals and entities, including Bank Mellat, one of the largest banks in Iran, evade U.S. sanctions by conducting financial transactions through companies in Turkey and in the United Arab Emirates owned and operated by Zarrab.

The indictment charges Zarrab, Jamshidy, 29, and Najafzadeh, 65, with engaging in conspiracies to defraud the United States, to violate the International Emergency Economic Powers Act, to commit bank fraud and to commit money laundering.

Based on reporting by Reuters and AP


Copyright (c) 2016 RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036. www.rferl.org

... Payvand News - 03/25/16 ... --



comments powered by Disqus


Other Insteresting Articles:
Home | ArchiveContact | About |  Web Sites | Bookstore | Persian Calendar | twitter | facebook | RSS Feed


© Copyright 2016 NetNative (All Rights Reserved)