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OFAC Names Iranians Under Controversial Iraq Sanctions

The U.S. Treasury Department sanctioned four individuals and a Syria-based television station Wednesday under an executive order that critics of the administration say is overly broad. The designations, made by the agency's Office of Foreign Assets Control (OFAC), require U.S. institutions to turn down business and freeze the assets of an Iranian military leader, two Shia extremist leaders and a former Iraqi Parliament member believed to be secretly operating a television station in Syria. The sanctions are the first made under an executive order signed July 17 that requires financial institutions to freeze assets of those who commit or "pose...

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