PoliticalImpose sanctions2026-05-17🇬🇧
UK engineer and family sanctioned for laundering billions for Iran
source: HM Treasury -> target: Farhad Zarringhalam and four family members
On 2026-05-17, HM Treasury sanctioned British engineer Farhad Zarringhalam and four family members over allegations that they ran a shadow banking network laundering billions of pounds for the Iranian regime. The Treasury said the network was associated with activity intended to destabilise the United Kingdom.
0.36Significance-8.0Goldstein scale2.0Magnitude0.3Systemic0.2Market1Articles
Location
LondonEuropeUnited KingdomEurope51.507, -0.128
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