Iran is financing its military and internal security forces by exporting billions of dollars worth of oil through a network of international companies that evade U.S. sanctions, confidential internal documents released by an exiled Iranian dissident group show.
The documents, he said, include confidential internal communications from the Petrochemical Commercial Company International, an Iranian firm founded in 2000 and targeted since 2011 by U.S. sanctions.
The PCCI “bypasses the oil and petrochemical sanctions in astronomical dimensions by creating branches and companies with the same name outsideOil exported through the branches is being purchased by clients around the world, including firms tied to the Syrian and Chinese governments, which have either quietly evaded or openly flouted both U.S. sanctions and an European Union embargo on Iranian crude.
The PCCI is itself a subsidiary of the Persian Oil and Gas Development Group, which is beholden to the IRGC within the context of a “‘resistance economy’ ordered by [the Iranian] regime’s Supreme Leader Ali Khamenei to cede control ofThe Washington Times was not able to immediately verify the authenticity of the documents, which NCRI representatives said were obtained by dissident sources operating...
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