On paper, the 16 companies registered to the 15th-floor office-tower suite of a building in Hong Kong appeared indistinguishable from the thousands of humdrum firms operating within the glass-and-steel high-rises of the city. But according to the U.S. Treasury Department, all these firms, with names like True Honour Holdings and Alpha Effort Limited, were front companies for the Islamic Republic—creative attempts by Iran to evade sanctions on the purchase of military equipment, which were imposed on the country over its missile program back in 2011.On May 8, President Donald Trump withdrew from the nuclear deal negotiated by Iran, the United …read more
Source: The Atlantic
