The US has made public an indictment charging 4 companies and 5 individuals with facilitating the export of high-tech microelectronics, uninterruptible power supplies, and other commodities to Iran in violation of sanctions imposed on the country under the International Emergency Economic Powers Act (IEEPA).
The indictment alleges that the listed companies and people were part of an Iranian procurement network operating in the US, Turkey, Taiwan, and Iran. It states that between approximately July 2010 and the present, the network obtained at least $24m worth of commodities in the US before shipping them to Iran via Taiwan and Turkey. The microelectronics shipped to Iran allegedly included commodities frequently used in a wide range of military systems, including surface-to-air and cruise missiles.
The individual defendants each face up to 20 years in prison, and the corporate defendants face fines of up to $1m for each count under the IEEPA.
In conjunction with the indictment being unsealed, the US Department of Commerce has designated 7 foreign nationals and companies alleged to have facilitated the procurement network, adding them to its sanctions listings. Under the measures, a license requirement is imposed on the listed persons, with a presumption that no license shall be granted, before any commodities can be exported to them from the US.