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Sanctions on Malaysia-based companies impactful, says US official

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Sabah Berita

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PETALING JAYA: Sanctions imposed last year on four Malaysia-based companies accused of helping Iran’s production of drones have been impactful, a top US Treasury official said today.

Brian Nelson, the department’s undersecretary for terrorism and financial intelligence, also said that the sanctions were still in place.He said they were aimed at “encouraging behaviour change”, and that once the department saw such change, the companies involved would be struck off the list.

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Washington recently imposed further sanctions targeting Iran, including over Iranian drones used by Russia in the war in Ukraine, as the US seeks to increase pressure on Tehran after its attack on Israel.

 

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