On 17 November, OFAC advised a number of changes added to its Iran-related sanctions lists, including the Iranian-flag vessel Bosco Gilan. The entries for 1 individual and 3 entities have been amended. The listings are said to target a key patronage network for the Supreme Leader of Iran, the Islamic Revolution Mostazafan Foundation, an immense conglomerate of some 160 holdings in key sectors of Iran’s economy, including finance, energy, construction, and mining. It says that while Bonyad Mostazafan is ostensibly a charitable organisation charged with providing benefits to the poor and oppressed, its holdings are said to be expropriated from the Iranian people and are used by the Supreme Leader Ali Khamenei to enrich his office, reward his political allies, and persecute the regime’s enemies. OFAC is also designating Iran’s Minister of Intelligence and Security, Mahmoud Alavi, pursuant to human rights authorities.
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