Sanctioning Iran's Shadow Network in Turkey The US Treasury Department has targeted a small Turkish investment bank, Golden Global Bank, and two of its subsidiaries as part of its effort to isolate Iran's Revolutionary Guard Corps (IRGC).
This move is part of "Operation Economic Outcast," launched last August to disrupt Tehran's business ties worldwide.
Golden Global Bank's alleged involvement in facilitating funds for the IRGC's Quds Force has raised concerns about the complexity of global financial networks.