"The international community has recognized the proliferation risks posed by Iran's Bank Melli," said Undersecretary for Terrorism and Financial Intelligence Stuart Levey. "We will continue to take steps to protect the integrity of the international financial system by exposing the banks, companies, and individuals supporting Iran's nuclear and missile programs."The companies designated by Treasury include the Bank Melli Iran Investment Company and Bank Melli Printing and Publishing Co., which are both directly owned by the bank and based in Iran.
U.S. Sanctions 11 Firms Tied to Iran Bank
The Obama administration on Tuesday imposed sanctions on 11 companies tied to an Iranian ba...