An Iranian individual pleaded guilty to DOJ charges for violating the International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations by conspiring to illegally export gas turbine parts from the United States to Iran.
According to the DOJ, Iranian citizen and President of ETCO FZC Mahin Mojtahedzadeh admitted to working with companies in Canada and Germany to evade U.S. sanctions against Iran. The DOJ charged Ms. Mojtahedzadeh with acquiring turbine parts from United States distributors, sending the parts to Canada and Germany, and then re-shipping them to ETCO FZC customers in Iran.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.