The American government on Friday placed on its blacklist a Turkish bank, Golden Global Yatirim Bankasi Anonim Sirketi, accused of having transferred funds for the benefit of the Iranian authorities, in particular the Revolutionary Guards, for an amount of several tens of millions of dollars.
AI-generated summary
The United States has imposed sanctions on a Turkish bank accused of facilitating transactions on behalf of Iran's Revolutionary Guards, amid heightened tensions between Washington and Tehran.
J.B., J.D. with AFP
Published on 09/04/2026 at 8:39 a.m. • Updated on 09/04/2026 at 6:21 p.m.
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6:19 p.m.
US sanctions Turkish bank suspected of working with Iran
The American government on Friday placed a Turkish bank on its blacklist, accused of having transferred funds for the benefit of the Iranian authorities.
“Golden Global Yatirim Bankasi Anonim Sirketi (Golden Global Bank) and its subsidiaries facilitated transactions worth tens of millions of dollars on behalf of” the Revolutionary Guards, Iran’s powerful armed force, writes the Treasury.
AI outlook — possibilities, not facts
Turkey could ask for explanations or challenge the sanctions before international bodies.
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