Role of the Treasury
Officials
Organizational Chart
Orders and Directives
Diversity, Equity, Inclusion, and Accessibility
Domestic Finance
Economic Policy
General Counsel
International Affairs
Management
Public Affairs
Tax Policy
Terrorism and Financial Intelligence
Inspectors General
Alcohol and Tobacco Tax and Trade Bureau (TTB)
Bureau of Engraving & Printing (BEP)
Financial Crimes Enforcement Network (FinCEN)
Bureau of the Fiscal Service (BFS)
Internal Revenue Service (IRS)
Office of the Comptroller of the Currency (OCC)
U.S. Mint
Office of Inspector General (OIG)
Treasury Inspector General for Tax Administration (TIGTA)
Special Inspector General for the Troubled Asset Relief Program (SIGTARP)
Special Inspector General for Pandemic Recovery (SIGPR)
Strategic Plan
Budget Request/Annual Performance Plan and Reports
Agency Financial Report
Inspector General Audits and Investigative Reports
Climate Action Plan
Curator
History Overview
Prior Secretaries
Prior Treasurers
The Treasury Building
Collections
Freedman’s Bank Building
At Headquarters
At Our Bureaus
Top 10 Reasons to Work Here
Benefits and Growth
Diversity
Veterans Employment
Pathways
How to Apply
Search Jobs
American Families and Workers
Small Businesses
State, Local, and Tribal Governments
American Industry
Revenue Proposals
Tax Expenditures
International Tax
Treaties and Related Documents
Foreign Account Tax Compliance Act (FATCA)
Reports
Tax Analysis
Tax Regulatory Reform
Treasury Coupon Issues
Corporate Bond Yield Curve
Economic Policy Reports
Social Security and Medicare
Total Taxable Resources
Sanctions
Asset Forfeiture
311 Actions
Terrorist Finance Tracking Program
Money Laundering
Financial Action Task Force
Protecting Charitable Organizations
Treasury Quarterly Refunding
Interest Rate Statistics
Treasury Securities
Treasury Investor Data
Debt Management Research
Cash and Debt Forecasting
Debt Limit
Financial Stability Oversight Council
Federal Insurance Office
RESTORE Act
1603 Program
The Community Development Financial Institution (CDFI) Fund
Making Home Affordable
Specially Designated Nationals List (SDN List)
Consolidated Sanctions List
Search OFAC’s Sanctions Lists
Additional Sanctions Lists
OFAC Recent Actions
Sanctions Programs and Country Information
Frequently Asked Questions
OFAC Civil Penalties and Enforcement
Contact OFAC
Financial Literacy and Education Commission
Mymoney.gov
Innovations in Financial Services
Featured Research
The Committee on Foreign Investment in the United States (CFIUS)
Exchange Stabilization Fund
G-7 and G-20
International Monetary Fund
Multilateral Development Banks
Macroeconomic and Foreign Exchange Policies of Major Trading Partners
Exchange Rate Analysis
U.S.-China Comprehensive Strategic Economic Dialogue (CED)
Small and Disadvantaged Business Utilization
Small Business Lending Fund
State Small Business Credit Initiative
Daily Treasury Par Yield Curve Rates
Daily Treasury Par Real Yield Curve Rates
Daily Treasury Bill Rates
Daily Treasury Long-Term Rates
Daily Treasury Real Long-Term Rates
Treasury Coupon Issues
Corporate Bond Yield Curve
Your Guide to America’s Finances
Monthly Treasury Statement
Daily Treasury Statement
USAspending.gov
National Debt to the Penny
Historical Debt Outstanding
Monthly Statement of the Public Debt
Debt Management Overview and Quarterly Refunding Process
Most Recent Documents
Archives
Webcasts
U.S International Portfolio Investment Statistics
Release Dates
Forms and Instructions
Reports
Report COVID-19 Scam Attempts
Report Scam Attempts
Report Fraud Related to Government Contracts
Inspectors General
Buy, Manage, and Redeem
Treasury Hunt – Search for Matured Bonds
Cashing Savings Bonds in Disaster-Declared Areas
Frequently Asked Questions
Pay for Results (SIPPRA)
RESTORE Act
Community Development Financial Institution (CDFI) Fund
Where is my Refund?
Lost or Expired Check
Direct Express Card
Non-Benefit Federal Payments
Electronic Federal Benefit Payments – GoDirect
Shop for Coin Products
Shop for Currency Products
Redeem Damaged Currency
Bureau of Engraving and Printing
U.S Mint
IRS Auctions
Real Estate
General Property, Vehicles, Vessels & Aircraft
Applications
Frequently Asked Questions
Internal Revenue Service (IRS)
IRS Forms, Instructions & Publications
Refund Status
Foreign Account Tax Compliance Act
IRS Forms and Instructions
Savings Bonds – Treasury Securities
Bank Secrecy Act – Fincen 114 and more
OFAC Reporting and License Applications
Treasury International Capital (TIC)
Enterprise Business Solutions (EBS)
Treasury Franchise Fund (TFF)
Administrative Resource Center (ARC)
Shared Services Program (SSP)
TreasuryDirect
Invoice Processing Platform
Historic Treasury Building
Library
Curator
Bureau of Engraving and Printing
U.S. Mint
Press Contacts
Weekly Public Schedule Archive
Webcasts
Media Advisories Archive
Subscribe to Press Releases
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating an air transportation service provider for its involvement in the shipment of Iranian Unmanned Aerial Vehicles (UAVs) to Russia for its war against Ukraine. Additionally, OFAC is designating three companies and one individual involved in the research, development, production, and procurement of Iranian UAVs and UAV components, including the Shahed series of drones, for Iran’s Islamic Revolutionary Guard Corps (IRGC) and its Aerospace Force (IRGC ASF) and Navy.
“Russia is making increasingly desperate choices to continue its unprovoked war against Ukraine, particularly in the face of our unprecedented sanctions and export controls,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence, Brian E. Nelson. “The United States is committed to strictly enforcing our sanctions against both Russia and Iran and holding accountable Iran and those supporting Russia’s war of aggression against Ukraine. We will also not hesitate to target producers and procurers who contribute to Iran and its IRGC’s UAV program, further demonstrating our resolve to continue going after terrorist proxies that destabilize the Middle East. Non-Iranian, non-Russian entities should also exercise great caution to avoid supporting either the development of Iranian UAVs or their transfer, or sale of any military equipment to Russia for use against Ukraine.”
Today’s action is being taken pursuant to the weapons of mass destruction nonproliferation authority, Executive Order (E.O.) 13382, as well as E.O. 14024, “Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation.” The action also follows OFAC’s October 2021 designation of the commander of the IRGC ASF UAV Command and a network of companies and individuals that provided critical support to IRGC UAV programs and those of its expeditionary unit, the IRGC Qods Force (IRGC-QF). The IRGC was designated pursuant to E.O. 13382 in 2007 for its role in Iran’s ballistic missile program.
Tehran-based Safiran Airport Services (Safiran) has coordinated Russian military flights between Iran and Russia, including those associated with transporting Iranian UAVs, personnel, and related equipment from Iran to Russia. Information also indicates that after assembly and testing, the Russian Aerospace Forces intend to deploy Iranian UAVs alongside Russian UAVs in their war against Ukraine.
Safiran is being designated pursuant to E.O. 14024 for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, the Government of the Russia Federation.
Paravar Pars Company, closely associated with IRGC-controlled Imam Hossein University, has produced UAVs for the IRGC ASF and has tested UAVs for the IRGC Navy. In particular, Paravar Pars Company was involved in the research, development, and production of the Iranian Shahed-171 UAV developed by the IRGC ASF. In the past, the IRGC ASF distributed U.S. and Israeli-made UAVs to Paravar Pars Company, which were ultimately used to reverse engineer and reproduce indigenously made UAV models.
Paravar Pars Company is being designated pursuant to E.O. 13382 for having provided or attempted to provide financial, material, technological, or other support for, or goods or services in support of, the IRGC ASF.
Design and Manufacturing of Aircraft Engines (DAMA) is an Iranian company that was involved in the research, development, and production of the Iranian Shahed-171 UAV program, which is owned by the IRGC ASF. DAMA is a front company that carried out covert procurement activities for Iran’s Aircraft Manufacturing Industries (HESA), an entity affiliated with Iran’s Ministry of Defense and Armed Forces Logistics (MODAFL). Some of DAMA’s customers included the IRGC and the Aerospace Industries Organization. DAMA has been involved in acquiring equipment to modify UAV components that would eventually be indigenously produced by the IRGC and implemented into IRGC UAVs. DAMA has also been involved in the manufacture and procurement of equipment for planned use in jet engines used by the IRGC.
Baharestan Kish Company has overseen various defense-related projects, which included the manufacturing of UAVs. As of 2021, the company was working on Shahed UAV components. Rehmatollah Heidari, Baharestan Kish Company’s managing director and a member of its board of directors, has been involved with various aspects of the company’s operation to include securing facilities for the company.
DAMA and Baharestan Kish Company are being designated pursuant to E.O. 13382 for having provided or attempted to provide financial, material, technological, or other support for, or goods or services in support of, the IRGC.
Rehmatollah Heidari is being designated pursuant to E.O. 13382 for acting or purporting to act for or on behalf of, directly or indirectly, Baharestan Kish Company.
The IRGC in its entirety, including the IRGC ASF and Navy, was designated pursuant to E.O. 13382 on February 12, 2013. HESA was designated pursuant E.O. 13382 on September 17, 2008. MODAFL was designated pursuant to E.O. 13382 in 2007 and pursuant to E.O. 13224 on March 26, 2019. The Aerospace Industries Organization was designated pursuant to E.O. 13382 on June 28, 2005.
As a result of today’s action, all property and interests in property of the individuals and entities that are in the United States or in the possession or control of U.S. persons must be blocked and reported to OFAC. OFAC’s regulations generally prohibit all dealings by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in property of blocked or designated persons.
In addition, persons that engage in certain transactions with the individuals or entities designated today may themselves be exposed to designation. Furthermore, any foreign financial institution that knowingly facilitates a significant transaction or provides significant financial services for any of the individuals or entities designated today could be subject to U.S. correspondent or payable-through account sanctions.
The power and integrity of OFAC sanctions derive not only from its ability to designate and add persons to the Specially Designated Nationals and Blocked Persons List (SDN List), but also from its willingness to remove persons from the SDN List consistent with the law. The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior. For information concerning the process for seeking removal from an OFAC list, including the SDN List, please refer to OFAC’s Frequently Asked Question 897.
Click here for identifying information on the individuals and entities designated today.
###