WASHINGTON, April 30 (UPI) -- The United States added companies based in China and Dubai, and two Dubai-based executives, to its list of those evading sanctions on Iranian weapons, oil and banking transactions.
In a statement Tuesday from the Departments of Justice, State and Treasury, a $5 million bounty was also offered for information about Li Fangwei, a previous sanctions target charged with money laundering conspiracy, bank fraud and wire fraud. He is the owner of the eight Chinese companies previously described as fronts for supplying Iran with parts for ballistic missiles.
Any American property held by those sanctioned can be seized, and violators are banned from doing business in the U.S.
The announcement is the first significant enforcement of sanctions involving Iran in several months, dispelling the thought that U.S. relations with Iran are heading toward stabilization. Despite a recent thaw in relations, most restraints on Iran are still in place.