U.S. Sanctions Türkiye’s Golden Global Bank Over Iran Finance Ties

U.S. Sanctions Türkiye’s Golden Global Bank Over Iran Finance Ties

The Treasury Department on Sept. 4 designated Türkiye-based Golden Global Bank and two subsidiaries, saying the institution gave Iran a channel into the international banking system. The Office of Foreign Assets Control listed Golden Global Yatirim Bankasi Anonim Sirketi, plus Golden Global Varlik Kiralama Anonim Sirketi and Golden Global Portfoy Yonetimi Anonim Sirketi. Treasury said the bank handled tens of millions of dollars in transactions …

US Treasury sanctions Turkish bank for funding Iranian terror network

The US Treasury sanctioned Golden Global Bank and two subsidiaries for allegedly funding Iran's IRGC-Qods Force, part of Operation Economic