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US imposed sanctions on the head of the Central Bank of Iran

UNITED STATES (OBSERVATORY) –┬áThe US Ministry of Finance imposed sanctions on the head of the Central Bank of Iran Valiollah Seif and against the assistant to the head of the international department of the Iranian Central Bank Ali Tarzali, Bloomberg reported on Tuesday.

According to the US Treasury, Seif “contributed to the transfer of millions of dollars on behalf of the Islamic Revolutionary Guard Corps to support Hezbollah.” In a statement, the US Treasury notes that “the United States will not allow Iran to shamelessly violate the international financial system.”

Last week, the US Treasury Department imposed sanctions against nine individuals and entities of Iran.

On May 8, US President Donald Trump announced the withdrawal of the United States from the Joint Comprehensive Plan of Action (VCPD), and that the US administration is beginning the process of restoring the relevant sanctions against Iran.

The SVAP was approved in July 2015 by the “six” international mediators (five permanent members of the UN Security Council and Germany) and Iran. This agreement introduced a number of serious limitations for the Iranian nuclear program, in exchange for compliance with these conditions, Iran has achieved the lifting of stringent international sanctions.