TITLE: United States Office of Foreign Assets Control Adds Iran-Related and Democratic Republic of Congo-Related Designations to Sanctions List
BODY:
On June 2, 2026, the Department of the Treasury's Office of Foreign Assets Control (OFAC) updated its Specially Designated Nationals and Blocked Persons List (SDN List) with new designations related to Iran and the Democratic Republic of the Congo. The update added five individuals and four entities to the SDN List.
The Iran-related designations include three individuals linked to NOBITEX, a financial and insurance entity also designated on June 2, 2026. These individuals—Seyed Mohammad Aghamir Mohammad Ali, Seyed Mohammad Ali Aghamir Mohammad Ali, and Seyed Ali Khoee—are subject to secondary sanctions risk under section 1(b) of Executive Order 13224, as amended by Executive Order 13886. Additionally, OFAC designated Amir Hossein Rad, also linked to NOBITEX, who is subject to secondary sanctions and designated under both the Iran sanctions program and Executive Order 13902.
OFAC designated four Iran-based financial and insurance entities: BITPIN (also known as SANA AYMAN MUBADALA), established in 2020; NOBITEX (also known as RAHKAR FANAVARI NOOYAN); RAMZINEX (also known as RAMZINEH ELECTRONIC COMMERCE INNOVATION COMPANY), established in 2018; and WALLEX (also known as KHALGH SARVAT SARZAMIN PARSEH), established in 2019. All four entities are subject to secondary sanctions.
The Democratic Republic of the Congo-related designations added two individuals: Gustave Kubwayo and John Imani Nzenze, both based in North Kivu.
OFAC also issued Iran-related Frequently Asked Question 1257 on June 2, 2026. Individuals and entities subject to OFAC sanctions face significant compliance obligations, including asset freezes and transaction prohibitions.