US Sanctions Turkish Bank Over Alleged IRGC Transfers In Latest Action

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Source: Zero Hedge
Published: 2026-09-06 11:00 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Middle East, Iran, Economy & Finance, World News, Business & Economy
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Snippet:
The US Treasury announced sanctions on Friday on a Turkey-based bank and two of its subsidiaries, accusing them of moving tens of millions of dollars on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC) Quds Force and facilitating Tehran's movement of funds across the international banking system.
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