The UK government sanctions British engineer Dr Farhad Zarringhalam, 44, and four family members, accusing them of running a “shadow banking” network used to launder large sums for the Iranian regime. The announcement comes from the UK Treasury, which adds the individuals to the UK sanctions list, restricting their financial dealings and related activities. According to the report, Zarringhalam previously worked for Nokia. The Treasury action also names his relatives—described as uncles and brothers—and the report states that at least two of them are British nationals. The allegations presented in the coverage characterize the group’s role as facilitating money laundering on behalf of Iran through informal or non-traditional financial channels. The sources provided do not include additional details on the specific amounts involved, the companies or accounts affected, or any response from Zarringhalam or his family. The sanctions are presented as part of the UK’s enforcement actions against conduct connected to Iran.
UK sanctions British engineer and relatives over alleged Iranian-linked laundering network
The UK government sanctions British engineer Dr Farhad Zarringhalam, 44, and four family members, accusing them of running a “shadow banking” network used to launder large sums for the Iranian regime....
- The UK Treasury sanctions Dr Farhad Zarringhalam and four family members.
- Zarringhalam is described as a 44-year-old British engineer and former Nokia employee.
- The sanctions accuse them of running a “shadow banking” network used for money laundering.
- The family members are described as uncles and brothers; at least two are reported as British nationals.
- The reporting does not include a public response from those sanctioned or further case details.
Dr Farhad Zarringhalam, 44, who once worked for Nokia, was sanctioned on Monday by the Treasury, alongside his uncles and brothers, at least two of whom are also British nationals.
3 months agoDr Farhad Zarringhalam, 44, who once worked for Nokia, was sanctioned on Monday by the Treasury, alongside his uncles and brothers, at least two of whom are also British nationals.
3 months ago
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