Jan. 13 (UPI) — In an effort to tighten its monetary vises on Iran in its last days in workplace, the Trump administration on Wednesday imposed sanctions concentrating on two organizations it accuses of being managed by Iran’s religious chief Ayatollah Ali Khamenei and designated a former chief of an Iran-backed terrorist group.

The Treasury Division introduced sanctions towards the Execution of Imam Khomeini’s Order and Astan Quds Razavi, in addition to its leaders and subsidiaries, saying the 2 purported charitable organizations expropriate property from political dissidents and spiritual minorities for the profit Khamenei and senior Iranian officers.

“These establishments enabled Iran’s elite to maintain a corrupt system of possession over giant components of Iran’s financial system,” Treasury Secretary Steven Mnuchin mentioned in an announcement. “America will proceed to focus on those that enrich themselves whereas claiming to assist the Iranian folks.”

The sanctions observe the Treasury designating Bonyad Mostazafan in November, which the State Division mentioned was an immense conglomerate managed by Khamenei with holdings in key sectors of Iran’s financial system.

“Alongside Bonyad Mostazafan, and beforehand designated [Islamic Revolutionary Guards Corp]-owned entity Khatam al-Anbiya, AQR and EIKO are estimated to manage greater than half of the Iranian financial system,” U.S. Secretary of State Mike Pompeo mentioned in an announcement.

“These establishments allow Iran’s corrupt leaders to use a system of possession over a variety of sectors of Iran’s financial system,” he added.

The Treasury accused EIKO of being “a enterprise juggernaut” that systematically violated the rights of dissidents via confiscating land and property, together with that which belonged to political opponents, non secular minorities and Iranians in exile.

AQR has been accused by the Treasury of masquerading as a charitable group whereas buying “huge financial holdings” in a number of sectors of the financial system below Khamenei’s supervision.

A complete of 16 corporations, 14 of that are subsidiaries to EIKO and AQR, and three of their officers, have been sanctioned Wednesday below an government order President Donald Trump signed in 2019 that targets Khamenei and his workplace. The sanctions freeze all U.S. property of named entities and people whereas prohibiting Individuals from doing enterprise with them.

The sanctions have been imposed days earlier than the Trump administration palms overseas coverage of the US to the incoming administration of President-elect Joe Biden, doubtlessly bringing an finish to Trump’s so-called most stress marketing campaign towards Iran.

Sanctions have been on the core of this effort to pressure Iran again to the negotiating desk on a brand new deal to forestall the Center Jap nation from creating a nuclear weapon after Trump withdrew the US from an Obama-era multi-nation accord in 2018.

The State Division on Wednesday additionally designated Abd al-Aziz Malluh Mirjirash al-Muhammadawi, additionally know as Abu Fadak, as a Specifically Designated World Terrorist.

Pompeo mentioned he was designated to disclaim him “the assets to plan and perform terrorist assaults.”

The State Division mentioned he’s the previous secretary normal of Kataib Hezbollah, an Iraq-based Iran-backed group the US designated as a overseas terrorist group in 2009. It additionally mentioned Fadak has since been working with Iran’s elite IRGC “to reshape official Iraqi state safety establishments away kind their true function of defending the Iraqi state and preventing [the Islamic State] to as a substitute assist Iran’s malign actions.”

“Iran-backed components, together with these by which Muhammadawi now performs a management function, have beforehand been concerned in sectarian violence, together with the kidnapping of tons of of males from areas liberated from [IS] management,” Pompeo mentioned. “Moreover, teams with which Muhammadawi is affiliated have established fictitious cowl names to cover their culpability for ongoing assaults towards Iraqi authorities services and overseas diplomatic services.”

On Tuesday, Pompeo, with out offering concrete proof, mentioned Iran had turn into the brand new residence base of al-Qaida.