The United States offered a reward of up to $5 million on Tuesday for a Chinese businessman accused of supplying missile parts to Iran, and targeted companies from China and Dubai for allegedly helping Iran evade weapons and oil sanctions.
In a signal Washington will keep pressure on Iran over its nuclear program, the U.S. Treasury Department said it was sanctioning eight of Chinese businessman Li Fangwei’s Chinese companies for allegedly procuring missile parts for Iran.
The U.S. State Department said it was offering a reward of up to $5 million for information leading to the arrest and/or conviction of Li, who is also known as Karl Lee.
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