Illegal Reexports to Iran and Lies Net Denial List Status
May 2008
The Bureau of Industry and Security has issued an order suspending all export privileges for 180 days for several businesses associated with Balli Holdings of the UK. The companies commencing in the UK, Armenia and Iran all knowingly violated the Export Administration Regulations.
The companies are charged with:
- re-exporting three US origin aircraft to Iran and had prepared to send an additional three before being caught;
- making false statements to the BIS in an attempt to conceal the end-user of the aircrafts;
- failing to comply with a BIS order to return the three additional aircraft
More information:
- US Sanctions British, Armenian firms for Iran exports (Iran Focus News)
