Source: Central Bank of Iraq freezes Fly Baghdad accounts in three major banks

by times news cr

2024-01-23T09:56:33+00:00

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/ An informed source reported on Tuesday that the Central Bank of Iraq has begun freezing the accounts of Fly Baghdad Air Transport Company.

The source told Agency, “The bank froze the company’s accounts in three major banks in response to US Treasury sanctions,” without mentioning further details.

Yesterday, Monday, the US Treasury Department announced the inclusion of the Iraqi airline “Fly Baghdad” and its CEO on the sanctions list, for providing assistance to the Iranian Revolutionary Guard Corps “Quds Force” and its proxy groups in Iraq, Syria, and Lebanon.

The Treasury said in a statement translated by Agency, “For several years, Fly Baghdad has supported the operations of the Iranian Revolutionary Guard Corps’ Quds Force and its proxies by delivering equipment and personnel throughout the region.”

“The company’s flights delivered weapons shipments to Damascus International Airport in Syria, for transfer to members of the Iranian Revolutionary Guard Corps, the Quds Force, and Iranian-allied militias on the ground in Syria, including the Syrian Arab Republican Guard, Lebanese Hezbollah, and Iraqi Kataib Hezbollah,” she added.

According to the US Treasury, Fly Baghdad has delivered a range of weapons to these groups operating in Syria, including Iranian-made Fateh, Zolfaqar and Fajr missiles, as well as AK-47s, RPG-7s, grenades and other machine guns.

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