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Financial Sanctions: Iran (Nuclear Proliferation)

Thursday, 13 November 2014

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

Following the publication of Council Implementing Regulation (EU) No 1202/2014, the Council of the European Union has amended Annex I to Council Regulation (EU) No 267/2012 with effect from 8 November 2014.

One individual and two entities have been added to the Consolidated List and the identifying information for four existing entries has been amended.

ADDITIONS

Individual

ZANJANI, Babak

DOB:  12/03/1971

Other Information:  EU listing.  Not UN.  He has provided support for the financing of transactions in Iranian crude oil conducted by the Iranian Ministry of Petroleum, which is designated by the EU.  He has assisted the Central Bank of Iran and the National Iranian Oil Company (NIOC) to evade the EU’s restrictive measures.  He has made transfers of oil-related funds through Naftiran Intertrade Company (NICO) and Hong Kong Intertrade.  He has enabled transfers of funds for the benefit of Khatam al-Anbiya, an IRGC-owned company.

Group ID:  12824

Entities

SHARIF UNIVERSITY OF TECHNOLOGY

Address:  Azadi Ave/Street, PO Box 11365-11155, Tehran, Iran

Other Information:  EU listing.  Not UN.  Tel 98 21 66 161.  Fax 98 2166036005.  Website www.sharif.ir.  Email: info@sharif.ir  

Group ID:  12816

SORINET COMMERCIAL TRUST BANKERS LTD. (SCT)

a.k.a.:

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

Address:

  1. Tehran Branch, Reahi Aiiey, First of Karaj, Maksous Road 9, Tehran, Iran
  2. Sorinet Commercial Trust Bankers, Sadaf Tower, 3rd Floor, Suite 301, Kish Island, Iran
  3. Sorinet Commercial Trust Bankers, No. 1808, 18th Floor, Grosvenor House, Commercial Tower, Sheikh Zayed Road, Dubai, P.O. Box 31988, UAE

Other Information:  EU listing.  Not UN.  SWIFT codes:  SCERIRTH KSH (Kish Island Branch), SCTSAEA1 (Dubai branch), SCERIRTH (Tehran branch).

Alternative address for Kish Island branch:  Kish Banking Fin Activities Centre, No. 42, 4th floor, VC25  Tel:  09347695504 (Kish Island Branch).

Alternative address for Dubai branch:

a)    SCT Bankers Kish Company (PJS), Head Office, Kish Island, Sadaf Tower, 3rd floor, Suite 301, PO Box 87.

b)    Sheykh Admad, Sheykh Zayed Road, 31988, Dubai, Port, Kish Island.

Tel:  09347695504/97 – 143257022-99 (Dubai branch).  Tel:  09347695504 (Tehran branch).  Email info@sctbankers.com.  zanjani@sctbankers.com.  Sorinet Commercial Trust Bankers Ltd. is controlled by Babak Zanjani, who is designated for providing financial support to the Government of Iran by facilitating oil payments on its behalf.

Group ID:  12827

AMENDMENTS

Deleted information appears in square brackets [ ].  Additional information appears in italics.

Entities

NAFTIRAN INTERTRADE COMPANY [(NICO)]

a.k.a.:  NAFTIRAN TRADE COMPANY (NICO)

Address:

  1. 5th Floor, Petropars Building, No. 35 Farhang Boulevard, Snadat Abad Avenue, Tehran, Iran
  2. Suite 17, Burlington House, St. Saviours Road, St. Helier, Jersey, UK
  3. [OG 1, International House, The Parade, St. Helier, Jersey, UK, JE2 3QQ]

Other Information:  EU Listed.  Not UN.  [Tel. (+41) 213106565]  Tel: +98 21 22372486; +98 21 22374681; +98 21 22374678; Fax: +98 21 22374678; +98 21 22372481  Email: info@natfiran.com  Subsidiary (100%) of the National Iranian Oil Company (NIOC).

Group ID:  12766

NAFTIRAN INTERTRADE COMPANY SRL

Address:  Avenue de la Tour-Haldimand, 6, 1009 Pully, Switzerland  [Sarl Ave, De la Tour Haldimand 6, Pully, Schweiz, 1009]

Other Information:  EU Listed.  Not UN.  Tel: +41 21 3106565  Fax:  +41 21 3106566/67/72  Email: nico.finance@natfiran.ch  Subsidiary (100%) of the Naftiran Intertrade Company Ltd.

Group ID:  12768

POWER PLANTS’ EQUIPMENT MANUFACTURING COMPANY (SAAKHTE TAJHIZATE NIROOGAHI)  [MASNA (MODIERAT SAAKHT NIROOGAHYE ATOMI IRAN) MANAGING COMPANY FOR THE CONSTRUCTION OF NUCLEAR POWER PLANTS]

Address:  [PO Box 14395 1359, Tehran, Iran]  No. 10 Jahanara Alley, after Hemmat Bridge, Abbaspour St. (previously called Tavanir), Tehran, Post Code 1435733161, Iran

Other Information:  EU listing.  Not UN.  Subordinate to AEOI and Novin Energy.  Involved in the development of nuclear reactors.

Group ID:  11212

SINA BANK

Address:  No. 187, Avenue Motahari Ave., Tehran, Iran, 1587998411

Other Information:  EU listing.  Not UN.  [Closely linked to the interests of the ‘Daftar’ (Office of the Supreme Leader).]  Sina Bank is controlled by the Mostazafan Foundation, a major Iranian parastatal entity directly controlled by the Supreme Leader, and which has an 84% shareholding in Sina Bank.  Tel:  +9821 88532434-7, +9821 88532434-6  Email:  infor@sinabank.ir  Website:  http://www.sinabank.ir/

Group ID:  11186

Financial institutions and other persons are requested to check whether they maintain any accounts or otherwise hold funds or economic resources for, or provide financial services to, the designated individual and entities.  If so, they must freeze such accounts or other funds and, unless licensed by the Treasury, refrain from dealing with said funds or economic resources, and suspend the provision of any financial services.  They must also report their findings to the Sanctions Officer at Customs and Excise Division of the Treasury.

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.

Issued By

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