Banking chief in Iran placed on terror list; new U.S. sanctions target access to financial network

Posted: May 16, 2018 at 4:30 a.m.

In this Aug. 20, 2017 photo, Iran's Central Bank Governor, Valiollah Seif, sits in an open session of parliament, in Tehran, Iran.

President Donald Trump's administration on Tuesday accused the head of Iran's central bank of funneling money to Hezbollah and designated him a global terrorist, placing further financial constraints on Tehran a week after Trump called for reimposing sanctions that were lifted as part of a 2015 nuclear deal.

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