OFAC imposed secondary sanctions on an Iraq-based financial conduit of the Islamic Revolutionary Guard Corps-Qods Force ("IRGC-QF") for trafficking weapons to IRGC-QF-backed Iraqi militias. Through their actions, the financial conduit, along with two designated Iraqi associates, are alleged to have helped the IRGC-QF evade U.S. sanctions.
The IRGC-QF was previously sanctioned pursuant to Executive Order 13224 in 2007.
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