by Niamh Harris,The Peoples Voice:

It has been revealed that two UK-based front companies have facilitated operational financing for Iran’s Islamic Revolutionary Guard Corps (IRGC)

The IRGC is a major branch of the Iranian Armed Forces designated as a terrorist organization by the US, Europe, Canada and Australia.

According to a Telegraph investigation, two British companies are alleged to be acting as front companies for a cryptocurrency exchange that has quietly processed billions of dollars in stablecoin transactions while functioning as financial infrastructure for Iran’s Islamic Revolutionary Guard Corps (IRGC)

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The firms has evaded sanctions and processed at least $1billion in IRGC-associated transactions

The Telegraphreports: Both companies are linked toBabak Zanjani, an Iranian billionaire who has been sanctioned by the British Government for his suspected role in raising money for those carrying out “serious human rights abuses” in Iran.

Sir Keir Starmer has been urged repeatedly to proscribe the IRGC, which has been accused of helping to massacre thousands of demonstrators within Iran. It is also responsible for building what Iranian officials describe as an “axis of resistance” – a web of armed proxies designed to project power far beyond Iran’s borders.

Alicia Kearns, the shadow national security minister, accused the Prime Minister of allowing Britain to be “abused as a financial lifeline for one of the world’s most dangerous terrorist organisations”.

She said that Sir Keir’s “lack of backbone” had “devastating” consequences, and urged ministers to sanction the two companies immediately as well as the IRGC.

Source: SGT Report