Urgent.News

What's breaking now, across thousands of outlets.

Business

Pakistani sanctioned by US for 'supplying weapons to Iran'

The Pakistani owner of an arms supplier and his companies have been placed under sanctions by the US for allegedly providing weapons to Iran . Waseem Pasha Tajammal and his Cavalier Group are accused of acting as "third-party intermediaries" to “procure and distribute weapons” for Iran’s Ministry of Defence and Armed Forces Logistics (Modafl), the US Treasury said. The 58-year-old runs the…

Pakistani sanctioned by US for 'supplying weapons to Iran'

The US has imposed sanctions on Pakistani arms supplier Waseem Pasha Tajammal and his companies, citing alleged involvement in supplying weapons to Iran. Tajammal, the majority shareholder and CEO of Cavalier Dynamics Private Limited, is accused of acting as a third-party intermediary to procure and distribute weapons for Iran's Ministry of Defence and Armed Forces Logistics.

The three companies, including Cavalier Dynamics for Technologies Company and its subsidiaries, are sanctioned for allegedly providing support to Modafl, Iran's weapons procurement body. Treasury Secretary Scott Bessent emphasized that these sanctions are part of Operation Economic Outcast, aimed at disrupting Iran's terrorist activities and isolation of its enablers.

The sanctions target Tajammal, his companies, and several individuals involved in the procurement process, including a Modafl representative in Beijing and a subsidiary involved in drone and military aircraft development.

Written by urgent.news from The National Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at thenationalnews.com →

More in Business

More from Thursday 1 October →