Politics
US offers $15 million reward for IRGC financing tips as Treasury targets Mahan Air backers
September 18, 2026 at 06:58 PM
Coverage
2 reports · over 1 hour
The US State Department has offered up to $15 million for information disrupting the Islamic Revolutionary Guard Corps' financial networks, as the Treasury began measures against banks supporting Mahan Air.
- The State Department announced a reward of up to $15 million for information disrupting the financial mechanisms of the IRGC and its Quds Force branch.
- The program seeks information on IRGC revenue sources, shell companies, sanctions-evasion networks, and exchange houses facilitating its transactions.
- A US Treasury spokesperson told Al Jazeera the department has begun measures against banks in the UAE and Turkey supporting Iran's Mahan Air.
- The spokesperson said Turkey and Oman have suspended Mahan Air flights.

