The United States Treasury Department on Tuesday imposed sanctions against one Maltese individual, Adrian Baldacchino, and two Maltese registered companies, Maraner Holdings Limited and Royal-Med Shipping Agency Ltd., in connection with US restrictions on Iran’s shipping line.

A US Embassy official told the Times Business in this particular case those being sanctioned were determined to be acting on behalf of Islamic Republic of Iran Shipping Lines (IRISL)-related entities that have previously been identified as supporting Iran’s nuclear weapons and weapons of mass destruction programmes and are already subject to both UN and EU sanctions.

The sanctions were announced on the Treasury Department’s Office of Foreign Asset Control (OFAC) website and are governed by Executive Order 13382. Under this Executive Order the sanctions cover persons – including legal persons such as businesses – which are “determined to be owned or controlled by, or acting or purporting to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked.”

Executive Order 13382, signed into law by US President George Bush on June 28, 2005, is entitled “Blocking Property of Weapons of Mass Destruction Proliferators and the supporters.”

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