Financial Sanctions: Iran (Nuclear Proliferation)

This news release is issued in respect of the restrictive measures directed by the Council of the European Union against Iran.

A number of entries have been annulled and are no longer subject to an asset freeze following judgments made by the General Court of the European Union.  Copies of the judgments can be obtained from the Court of Justice web site at http://curia.europe.eu

DELISTINGS

Individual

ZANJANI, Babak

DOB:  12/03/1971

Other Information:  EU listing.  Not UN.  Key facilitator for Iranian oil deals and transferring oil-related money.  Zanjani owns and operates the UAE based Sorinet Group, and some of its companies are used by Zanjani to channel oil-related payments.

Group ID:  12824

Entities

MOALLEM INSURANCE COMPANY (MIC)

a.k.a.:

1. Export and Investment Insurance Co.
2. Moallem Insurance
3. Moallem Insurance Co.

Address: 

1. 11/1 Sharif Ave, Vanaq Square, Tehran, 19699, Iran
2. No. 56, Haghani Boulevard, Vanak Square, Tehran, 1517973511, PO Box 19395-6314, Iran

Other Information:  EU listing.  Not UN.  Tel 98 21886776789 / 98 21887950512 / 98 21887791835.  Fax 98 2188771245.  Website www.mic-ir.com.  Main insurer of IRISL.

Group ID:  12836

NATIONAL IRANIAN TANKER COMPANY (NITC)

Address:  35 East Shahid Atefi Street, Africa Ave, P.O. Box 19395-4833, Tehran, 19177.

Other Information:  EU listed.  Not UN.  Tel +9821 23801.  Email info@nitc-tankers.com.  All offices worldwide.

Group ID:  12798

SHARIF UNIVERSITY OF TECHNOLOGY

Address:  Azadi Ave, 11365-8639, Tehran, Iran

Other Information:  EU listing.  Not UN.  Tel 98 21 66022727.  Fax 98 2166036005.  Website www.sharif.ir.  Assisting designated entities to violate the provisions of the EU Regulation on Iran.

Group ID:  12816

SINA BANK

Address:  187, Avenue Motahari, Tehran, Iran

Other Information:  EU listing.  Not UN.  Closely linked to the interests of the ‘Daftar’ (Office of the Supreme Leader).

Group ID:  11186

SORINET COMMERCIAL TRUST (SCT)

a.k.a.:

1. SCT Bankers
2. SCT Bankers Company Branch
3. SCT Bankers Kish Company (PJS)
4. Sorinet Commercial Trust Bankers

5. Address:

   1. (Dubai branch) Branch: No. 1808, 18^th Floor, Grosvenor House, Commercial Tower, Sheikh Ahmad Sheik Zayed Road, Dubai, P.O. Box 31988, United Arab Emirates
   2. (Kish Island Branch) SCT Bankers (Kish Branch), Sadaf Tower, 3^rd Floor, Suite 301, Kish Island, P.O. Box 87, Iran
   3. (Tehran Branch) SCT Bankers Kish Company (PJS), Head Office, Kish Island, Sadaf Tower, 3^rd Floor, Suite 301, Kish Island, P.O. Box 87, Iran
   Other Information:  EU listing.  Not UN.  (Branch 1808) Tel 97 143257022-99.  Email INFO@SCTBankers.Com.  Dubai SWIFT Code SCTSAEA1.  (Branch 301) Tel 98 76444432341-2.  Fax 98 76444450390-1.  Tel: 09347695504 (Kish Island Branch).  09347695504/97-143257022-99 (Dubai branch).  09347695504 (Tehran branch).  Alternative address for Kish Island branch: Kish Banking Fin Activities Centre, No. 42, 4^th Floor, VC25 Part, Kish Island

   Alternative addresses for Dubai Branch:  (1) SCT Bankers Kish Company (PJS), Head Office, Kish Island, Sadef Tower, 3^rd Floor, Suite 301, PO Box 87.  (2) Sheykh Admad, Sheykh Zayed Road, 31988, Dubai, AE.

   Alternative address for Tehran branch:  Reahi Aiiey, Fuirst of Karaj, Maksous Roud 9, Tehran.  SWIFT codes: SCERIRTH KSH (Kish Island Branch), SCTSAEA1 (Dubai branch), SCERIRTH (Tehran branch).  SCT is part of the Sorinet Group owned and operated by Babak Zanjani.

   Group ID:  12827

   Further details of the sanctions regime related to Iran and links to the Consolidated List of individual and entities subject to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.