US hits Iran central bank governor with sanctions

WASHINGTON: The United States slapped sanctions Tuesday on Valiollah Seif, the governor of the Central Bank of Iran, accusing him of helping the country's Revolutionary Guard Corps transfer millions of dollars to Lebanon's Hezbollah.

"The United States will not permit Iran's increasingly brazen abuse of the international financial system," said US Treasury Secretary Steven Mnuchin.

"The global community must remain vigilant against Iran's deceptive efforts to provide financial support to its terrorist proxies."