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Designating IRGC-QF and Hizballah Financial Facilitators
The Great Seal of the United States - Statement by Spokesperson Matthew Miller

The IRGC-QF and its proxy network persist in their attempts to generate revenue from illicit commercial activity that funds terrorism and destabilizing activities in the region. 

7 MINUTE READ
January 31, 2024

Designating IRGC-QF and Hizballah Financial Facilitators 

PRESS STATEMENT 

MATTHEW MILLER, DEPARTMENT SPOKESPERSON 

JANUARY 31, 2024 

The United States is today designating three entities and one individual as part of a network generating funding for the Iranian Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and Hizballah by selling Iranian commodities and receiving funds from the Syrian government. 

The IRGC-QF and its proxy network persist in their attempts to generate revenue from illicit commercial activity that funds terrorism and destabilizing activities in the region.  The United States remains committed to curbing these organizations’ ability to generate revenue. 

The Department of the Treasury action was taken pursuant toExecutive Order 13224, as amended.  For more information on this designation, see Treasury’s press release.