The US has blacklisted two organizations controlled by Iranian Supreme Leader Ayatollah Ali Khamenei, citing alleged corruption among Iran's elite as the reason for the Trump administration's latest sanctions against the country.
Washington announced sanctions against two "purportedly charitable billion-dollar" organizations, the Execution of Imam Khomeini's Order (EIKO) and Astan Quds Razavi (AQR), according to a Treasury Department statement on Wednesday.
"These institutions enable Iran's elite to sustain a corrupt system of ownership over large parts of Iran's economy," said Treasury Secretary Steven Mnuchin.
A spokesperson described EIKO as a "business juggernaut" that had "violated the rights of dissidents by confiscating land and property from opponents of the regime, including political opponents, religious minorities, and exiled Iranians."
They also said Khamenei had "direct supervision" of AQR and its "vast economic empire" across multiple sectors, which is subject to sanctions, along with multiple associated entities.