Sanctions on Ali Ansari Linked to Collapsed Ayandeh Bank's $5 Billion Debt

New details released alongside the US Treasury's July 10, 2026 sanctions action against Ali Ansari show the designation covers 14 individuals and entities in total and identifies Ansari as the former owner and director of Ayandeh Bank, which was dissolved in October 2025 owing roughly $5 billion. Treasury alleges Ansari fueled the bank's collapse by directing large loans to his own affiliated companies, chiefly Iran Mall International Development Co. Simultaneously, the US Office of Foreign Assets Control (OFAC) issued General License Y, authorizing the wind-down of transactions involving Smart Global Limited, a Saint Kitts and Nevis registered holding company through which part of Ansari's assets were held. The new detail widens the picture of Iran's shadow exchange-house network that Washington sanctioned days earlier.