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US Offers $15m For Capture Of Iranian Businessman

Jan 25, 2024, 11:44 GMT+0
Iranian businessman Hossein Hatefi Ardakani
Iranian businessman Hossein Hatefi Ardakani

The United States has announced a bounty of up to $15 million for any information leading to the apprehension of Iranian businessman Hossein Hatefi Ardakani.

Ardakani is accused of aiding in the acquisition of technology for attack drones sold to Russia. He faces sanctions and charges for his alleged involvement in procuring dual-use technology utilized in drone production by Iran's Islamic Revolutionary Guard Corps (IRGC).

The decision to issue the bounty comes amidst growing concerns over Iran's provision of drones utilized in various conflicts, including Russia's war on Ukraine. The Commerce Department, responsible for administering US export controls, disclosed the bounty as part of a broader effort to combat national security threats.

“US-origin flight guidance components procured by the Ardakani network have been identified in recovered wreckage of Shahed drones in Ukraine and other conflict zones. Additionally, the Ardakani network has illegally procured US export-controlled high electron mobility transistors (a.k.a. HEMTs) and other components with ballistic missile applications, as well as other electronics with weapons application,” said Rewards for Justice, the fusion intelligence center created by the State Department that oversees domestic and foreign intelligence committees.

Despite an outstanding warrant for his arrest, Ardakani remains at large, with Tehran listed among his possible locations. People with information on Ardakani's whereabouts are encouraged to come forward through channels including Signal and WhatsApp.

The huge bounty underscores the gravity of sensitive technology proliferation amidst ongoing conflicts. US agencies are stepping up collaboration to enforce export controls, signaling heightened penalties for violators. The move aligns with the Biden administration's call for increased vigilance among businesses to prevent Iran's acquisition of materials supporting its ballistic missile program.

Ardakani joins a long list of wanted figures with bounties on their heads such as Irish gang leaders in Dubai and Somali militants. In January, a $10m reward was offered for information regarding financiers of Iran-backed Palestinian militia, Hamas.


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