Iran: Protests Debate
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Alex Sobel
Main Page: Alex Sobel (Labour (Co-op) - Leeds Central and Headingley)Department Debates - View all Alex Sobel's debates with the Foreign, Commonwealth & Development Office
Iran: Protests
Alex Sobel Excerpts(1 day, 12 hours ago)
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Mr Falconer
The right hon. Gentleman’s points are well noted. For the clarity of the House, let me say that the legislation will be Home Office legislation, rather than Foreign Office legislation, but I will certainly pass on the strength of his feeling to the Security Minister.
Alex Sobel (Leeds Central and Headingley) (Lab/Co-op)
The Islamic Revolutionary Guard Corps is undertaking and leading the brutal repression and murder of so many Iranians fighting for their freedom. We know that the IRGC has used two registered cryptocurrency exchanges to move approximately $1 billion since 2023, evading international sanctions. Zedcex and Zedxion routed funds through IRGC-controlled wallets, offshore intermediaries and Iranian crypto companies. What are the Government doing to ensure that the IRGC cannot fund this brutal crackdown through British-based companies?
Mr Falconer
If my hon. Friend writes to me, I am happy to provide a more detailed answer in writing. Clearly, our sanctions regime is wide-ranging, and any British companies need to give very careful attention to it. On the face of it, it sounds like what my hon. Friend has outlined would not be consistent with our arrangements, but if he writes to me, I will respond.