Treasury Dept. blacklists 20 companies over Iran’s use of child soldiers

Treasury Secretary Steve Mnuchin leads a meeting of the Financial Stability Oversight Council, Tuesday, Oct. 16, 2018, at the Treasury Department in Washington. The Treasury Department on Tuesday targeted a network of banks and businesses that provides financial support to a paramilitary force in Iran, which allegedly trains and deploys child soldiers to fight with Iran’s Islamic Revolutionary Guard Corps. (AP Photo/Jacquelyn Martin)

OAN Newsroom
UPDATED 12:30 PM PT — Tues. Oct. 16, 2018

The Treasury Department is imposing new sanctions on companies which it accuses of assisting Iran’s recruitment of child soldiers.

The Treasury blacklisted 20 financial enterprises Tuesday over their alleged ties with an Iranian paramilitary network.

In this photo released by official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in a ceremony to mark the start of the Iranian academic year at Tehran University, Iran, Sunday, Oct. 14, 2018. (Iranian Presidency Office via AP)

Secretary Steven Mnuchin said the network is pushing radical Islam on young children and then recruits them as soldiers for Guards of the Islamic Revolution.

Mnuchin stressed the sanctioned companies provided financial support to the group’s activities.

In response, Iran accused the U.S. of starting a “psychological war.”

“What’s their goal? I’ll say the final goal now. They started with a psychological war. Economic war is their middle-term goal. A war for the efficiency of the system is the third goal. Reducing the legitimacy of the system is their final goal.”

— Iranian President Hassan Rouhani

However, U.S. officials said the new sanctions come as part of President Trump’s strategy as he looks to change the behavior of the Ayatollah regime.

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