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Japan to freeze assets tied to Iran nuclear program

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Japan to freeze assets tied to Iran nuclear program

Bloomberg website : Japan will freeze assets belonging to 12 organizations and 13 people that are tied to Iran’s nuclear development, the government’s top spokesman said.
The action is based on a United Nations Security Council resolution, Chief Cabinet Secretary Nobutaka Machimura told reporters in Tokyo.

Japan will freeze assets of individuals including Mohammad Reza Naqdi, a former deputy chief in the Iranian army, according to a Japanese Foreign Ministry statement. Before today Japan had frozen the assets of 23 organizations and 27 individuals since May 2007 as part of United Nations sanctions against Iran.

The frozen assets of organizations include Abzar Boresh Kaveh Company which is involved in production of centrifuge parts and Joza Industrial Company which is a front company engaged in ballistic missiles.