CSIS alleges Iran used Toronto company to wire millions to Canada despite sanctions

DM

A Toronto currency exchange business helped Iran secretly wire millions of dollars into Canada in violation of sanctions, according to a classified intelligence report that calls the financial transfers a threat to national security. A Canadian Security Intelligence Service report obtained by Global News accuses Alireza Onghaei, the investor immigrant behind the company, of “assisting the government of Iran in the clandestine wiring of monies into Canada.” The total amount allegedly funneled into Canada from Iran was not known, but CSIS wrote that “we assess it to be in the millions.” One transfer alone was for $600,000, according to CSIS.

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