Organization sanctions dossier
CAILAFANG PTE. LTD.
Cailafang Pte. Ltd. is a Singapore-registered shell company that the U.S. Treasury identifies as part of the Iranian-run, Dubai-based network serving Shahr Bank. Treasury states it has been used since late 2025 by the bank’s rahbar company Farab Soroush Afagh Qeshm and by the Dubai exchange-house front Alps International in multiple transactions enabling tens of millions of dollars’ worth of Iranian trade. OFAC designated Cailafang on 7 August 2026 under Executive Order 13902 for operating in Iran’s financial sector. It is listed under Iran-related sanctions by OFAC.
CAILAFANG PTE. LTD. is listed as organization with 1 source listing across 1 authority.
Programs: IRAN-EO13902.
Geography: Singapore.
- Entity type: Organization
- Sanctions status: active
- Authorities: OFAC
- Source listings: 1
- Official IDs: 58271
- Identifiers: Registration Number: 202402130H; Organization Established Date: 15 Jan 2024