News / Middle East

US Goes After Iran's Puppet Companies

Map of Iran's nuclear sites
Map of Iran's nuclear sites
VOA News
The United States is upping the pressure on Tehran and its nuclear program, going after what it calls a network of "front companies" designed to benefit Iran's leadership.

U.S. officials Tuesday blacklisted The Execution of Imam Khomeini’s Order, also known as EIKO, and its 37 subsidiaries - a move that allows Washington to freeze any assets held by the Iranian leadership in the U.S.

A statement from the U.S. Treasury Department said EIKO and its subsidiaries "generate and control massive off-the-books investments, shielded from the view of the Iranian people and international regulators."  U.S. officials said the companies make money through the sale of properties and other holdings while also exploiting favorable loan rates from Iranian banks.

U.S. Undersecretary for Terrorism and Financial Intelligence David Cohen described EIKO as a "shadowy network of off-the-books front companies" that make money for Iran's leadership "at the expense of the Iranian people."

Tuesday's action followed an executive order President Barack Obama issued one day earlier, targeting Iran's currency and its auto industry.

White House spokesman Jay Carney said Monday the United States is trying to persuade Iran's leadership to enter into what he called "meaningful negotiations" over its nuclear program.

Tehran denies repeated charges by the U.S. and its allies that Iran is engaged in a secret program to build nuclear weapons. Several rounds of U.S. and international sanctions launched against Iran's economy have cited that government's refusal to comply with international demands and prove its nuclear program is peaceful.

Carney told reporters the U.S. wants a diplomatic solution but that "Iran must understand that time is not unlimited.''

You May Like

Mugabe Dismisses Male-Female Equality

'It is not possible that women can be at par with men' incoming African Union president declares on eve of summit More

Somali Terror Suspect's Light Sentence Raises Questions

Abdullahi Yusuf, 18, could have spent 15 years in prison but judge instead sentenced him to a halfway house, and a program to try to integrate him back into the community More

Video Kobani Ravaged Following Kurdish Ouster of IS Militants

Even so, hundreds of refugees sheltering in Turkey seek to return; Kurdish forces hold some back, saying fighting continues More

This forum has been closed.
Comment Sorting
Comments
     
by: Change Iran Now from: US
June 05, 2013 2:21 AM
The election in Iran is proving that 2009 was a glorious revolution compared to what’s going on now with the arrests of prominent dissidents, the shutdown of news media, the whittling down of eligible presidential candidates from 680 to just 8, the blockade of social media sites, reduction in bandwidth and other human rights violations. But what matters most is that on June 14, nothing will have changed in Iran with a despotic regime headed by Supreme Leader Ali Khamenei still firmly in control and calling the shots.

The secret nuclear weaponry program will continue and the Iranian regime will pursue its ambitions by meddling in Iraq and Syria and Lebanon to set up an Islamic Empire in the region, which will mean more executions in Iran and a major threat for peace and tranquility in the region. The only peaceful solution to this problem is to support change from within Iran. The West needs to help engage and support the main opposition groups such as the National Council of Resistance of Iran (www.ncr-iran.org) and the People’s Mujahedin of Iran (www.mojahedin.org), as well as non-governmental groups such as Amnesty International (www.amnesty.org) in pushing for a peaceful change in the Iranian government.


by: solnaz from: ca
June 04, 2013 10:34 PM
I hate the American Government! no more sanctions on Iran!


by: Hamid al Arabi from: USA
June 04, 2013 3:01 PM
well, its about time the incompetent Obama administration has got its act in gear... next step - unleash the Israelis on the Iranians... Please!!! and let us put an end to this Shia Islamic charade... we put Shia in Iraq and look what that has given us... lies, deceit and a stab in the back... exactly what you would expect from Shias

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Groundbreaking Hand-Painted Documentary About Van Gogh in Productioni
X
George Putic
January 29, 2015 9:43 PM
The troubled life of the famous 19th century Dutch painter Vincent van Gogh has been told through many books and films, but never in the way a group of filmmakers now intends to do. "Loving Vincent " will be the first ever feature-length film made of animated hand-painted images, done in the style of the late artist. VOA’s George Putic reports.
Video

Video Groundbreaking Hand-Painted Documentary About Van Gogh in Production

The troubled life of the famous 19th century Dutch painter Vincent van Gogh has been told through many books and films, but never in the way a group of filmmakers now intends to do. "Loving Vincent " will be the first ever feature-length film made of animated hand-painted images, done in the style of the late artist. VOA’s George Putic reports.
Video

Video Rock-Consuming Organisms Alter Views of Life Processes

Scientists thought they knew much about how life works, until a discovery more than two decades ago challenged conventional beliefs. Scientists found that there are organisms that breathe rocks. And it is only recently that the scientific community is accepting that there are organisms that could get energy out of rocks. Correspondent Elizabeth Lee reports.
Video

Video Paris Attacks Highlight Global Weapons Black Market

As law enforcement officials piece together how the Paris and Belgian terror cells carried out their recent attacks, questions are being asked about how they obtained military grade assault weapons - which are illegal in the European Union. As VOA's Jeff Swicord reports, experts say there is a very active worldwide black market for these weapons, and criminals and terrorists are buying.
Video

Video Activists Accuse China of Targeting Religious Freedom

The U.S.-based Chinese religious rights group ChinaAid says 2014 was the worst year for religious freedom in China since the end of the Cultural Revolution. As Ye Fan reports, activists say Beijing has been tightening religious controls ever since Chinese leader Xi Jinping came to office. Hu Wei narrates.
Video

Video Super Bowl Ads Compete for Eyes on TV, Web

Super Bowl Sunday (Feb. 1) is about more than just the NFL's American football championship and big parties to watch the game. Viewers also tune in for the world famous commercials that send Facebook and Twitter abuzz. Daniela Schrier reports on the social media rewards for America’s priciest advertising.
Video

Video Theologians Cast Doubt on Morality of Drone Strikes

In 2006, stirred by photos of U.S. soldiers mistreating Iraqi prisoners, a group of American faith leaders and academics launched the National Religious Campaign Against Torture. It played an important role in getting Congress to investigate, and the president to ban, torture. VOA's Jerome Socolovsky reports.
Video

Video Freedom on Decline Worldwide, Report Says

The state of global freedom declined for the ninth consecutive year in 2014, according to global watchdog Freedom House's annual report released Wednesday. VOA's William Gallo has more.
Video

Video MRI Seems to Help Diagnose Prostate Cancer, Preliminary Study Shows

Just as with mammography used to detect breast cancer, there's a lot of controversy about tests used to diagnose prostate cancer. Fortunately, a new study shows doctors may now have a more reliable way to diagnose prostate cancer for high risk patients. More from VOA's Carol Pearson.
Video

Video Smartphones About to Make Leap, Carry Basic Senses

Long-distance communication contains mostly sounds and pictures - for now. But scientists in Britain say they are close to creating additions for our smartphones that will make it possible to send taste, smell and even a basic touch. VOA’s George Putic reports.
Video

Video Former Sudan 'Lost Boy' Becomes Chess Master in NYC

In the mid-1980’s, thousands of Sudanese boys escaped the country's civil war by walking for weeks, then months and finally for more than a year, up to 1,500 kilometers across three countries. The so-called Lost Boys of the Sudan had little time for games. But one of them later mastered the game of chess, and now teaches it to children in the New York area. VOA’s Bernard Shusman in New York has his story.
Video

Video NASA Monitors Earth’s Vital Signs From Space

The U.S. space agency, NASA, is wrapping up its busiest 12-month period in more than a decade, with three missions launched in 2014 and two this month, one in early January and the fifth scheduled for January 29. As VOA’s Rosanne Skirble reports, the instruments being lifted into orbit are focused on Earth’s vital life support systems and how they are responding to a warmer planet.
Video

Video Crowded Republican Presidential Field Off to Early Start for 2016

It seems early, but the 2016 U.S. presidential election campaign is already heating up. Though no one has officially announced a candidacy, several potential Republican contenders have been busy speaking to conservative groups about making a White House run next year. Many of the possible contenders are critical of the Obama administration’s foreign policy record. VOA national correspondent Jim Malone reports.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid