US imposes sanctions on Iranian network

The US Treasury Department has targeted a network of banks and businesses that provides financial support to a paramilitary force in Iran.

The US Treasury has imposed sanctions on a multibillion-dollar financial network that supports an Iranian paramilitary force that recruits and trains child soldiers for the country's powerful Islamic Revolutionary Guard Corps (IRGC).

The sanctions are part of the US economic campaign to pressure Iran to radically alter its policies, including developing ballistic missiles, supporting regional militant groups and violating human rights.

The Bonyad Taavon Basij network supports a volunteer paramilitary group, the Basij Resistance Force, which works with the IRGC, the Treasury said in a statement.

"This vast network provides financial infrastructure to the Basij's efforts to recruit, train, and indoctrinate child soldiers who are coerced into combat under the IRGC's direction," said US Treasury Secretary Steven Mnuchin.


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Source: AAP


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