Iran Sanctions Include Sunken Tanker and Closed Bank

[Marina Schwarz + 1,576]

That's what I call being thorough:

"The U.S.'s self-described "largest-ever" sanctions list targeting Iran includes an oil tanker already sunk and a bank long since closed.

Iranian Foreign Minister Mohammad Javad Zarif late Monday in a tweet called the re-imposition of sanctions a desperate move and said they target ordinary Iranians.

The sanctions by the U.S. Treasury Department target, among other things, the oil tanker Sanchi that sank in January after a week of burning off the coast of China, killing all 32 crew on board.

The list also includes Tat Bank, which was dissolved in 2012 over lack of transparency and financial charges."

[Guillaume Albasini + 851]

The list include also three tankers sold for scrap in 2013  : ATLANTIC, BICAS and CARIBO

https://gcaptain.com/tankers-said-by-us-to-carry-iran-oil-reportedly-sold-for-scrap/

 

It seems data updating is not a skill available among the sanctions enforcement team.

[BigJets + 87]

 

America First!  Get on board, or get run over! 

Edited January 22, 2019 by BigJets

[Lurker + 4]

Sanctions such as these can't be too comprehensive. If Iran holds 50 tankers, and has reported scrapping 5, you sanction 50 tankers so there aren't any surprise "zombie" ships that magically arise from the depths and are not sanctioned. If there are 10 banks in the country and 2 are reported insolvent, you sanction 12 in case there happen to be name changes or "reporting accidents" in the process. Make no mistake about ingenuity when it comes to avoiding punishment like this. Shell games have to be considered and false fronts as well. Total control may be impossible in matters such as these so any possibility has to be considered in order to make your control as tight as possible and your point will be given.

[zancov91 + 2]

!!!

Edited September 21, 2019 by zancov91

[Guillaume Albasini + 851]

10 minutes ago, zancov91 said:

@Marina Schwarz @Guillaume Albasini Just so you know this is not due to poor researching skills. On the contrary, the inclusion of ,for instance, the sunken ship Sanchi in this round of sanctions has blocked the transfer of an approximate amount of $90 Millions worth of insurance claim from a hand full of international insurers.  

This could be an explanation for the recently sunken Sanchi... But not for the three tankers scraped 5 years ago. I still believe they have just done a poor copy-paste of an Obama era old list.

The Trump administration is not renown for having a very competent staffing.

I think we are just at the beginnng of a very long list of mystakes with the sanctions enforcement.

[Marina Schwarz + 1,576]

And the bank, too. It shut down in 2012, if I remember correctly.

[zancov91 + 2]

 !!!

Edited September 21, 2019 by zancov91