Farab Soroush Afagh Qeshm Company
Iranian front company designated by OFAC on 7 August 2026 for holding and moving funds for the sanctioned Bank-e Shahr.
OFAC designated Farab Soroush Afagh Qeshm Company on 7 August 2026 as the front company holding and moving funds for sanctioned Bank-e Shahr, chaired by Hossein Yaghoobi.
Last refreshed: 17 August 2026 · Appears in 1 active topic
Why does a Treasury sanctions notice for FSAQ name no one at all?
Timeline for Farab Soroush Afagh Qeshm Company
Held and moved funds for Bank-e Shahr
Iran Conflict 2026: Iran sanctions the register can't findBackground
Farab Soroush Afagh Qeshm Company is the rahbar, the front company the US Treasury's Office of Foreign Assets Control designated on 7 August 2026 for holding and moving funds on behalf of Bank-e Shahr, the sanctioned bank it serves.
The company's chairman is Hossein Yaghoobi, a previously designated former central banker. Its listing forms one node within a broader 7 August action against Iran's shadow-banking infrastructure, feeding funds toward Bank-e Shahr rather than acting as an independent trading concern.
The underlying Federal Register notice carries no readable designee names: every party in the 7 August gazette appears only as a scanned image, leaving Treasury's press release as the sole public source naming the company and its chairman.
What is Farab Soroush Afagh Qeshm Company?
Who chairs Farab Soroush Afagh Qeshm Company?
Why is Farab Soroush Afagh Qeshm Company sanctioned?
