The US-registered Bombardier corporate jet, carrying the registration number N604EP, is owned and operated by a Ghana-based engineering firm, an aviation expert said Friday. The visitors it bought to Iran last week were senior Ghanaian officials, an Iranian foreign ministry spokeswoman said Friday.
Tyler Bowron, an aviation expert at Cerretanni Aviation group in Boulder, Colorado, told Al-Monitor that the company that in fact owns and operates the plane is called Engineers and Planners, based in Accra, Ghana.
The Ghana firm “owns and operates” the plane, Bowron told Al-Monitor. Bank of Utah, which is listed on Federal Aviation Agency records as the trustee for the 22-seat corporate jet, “is just the trustee,” Bowron said. “They have nothing to do with it.”
The New York Times first reported Thursday on the mystery of the US “N-registered” plane seen by the paper at Tehran’s Mehrabad airport on Tuesday. The Blaze first reported Bowron’s identification of the Ghana firm that owns and operates the plane.
A Bank of Utah spokesperson said the bank was solely acting as a trustee for the airplane’s real owner.
“Bank of Utah… acts as trustee for aircraft of behalf of the beneficiary,” Scott H. Parkinson, senior vice president for marketing at the Bank of Utah, told Al-Monitor by email Friday. “The Bank has no operational control, financial exposure and is not a lender for this transaction.”
“The Bank’s trust agreements do not allow aircraft be used in any illegal activity,” Parkinson said.
International law experts said the US-registered plane, even if owned by a foreign entity, would have probably required a temporary sojourn license from the US Treasury Department Office of Foreign Asset Control (OFAC) to legally visit Iran. US officials declined to comment Friday on the specific facts of this case.
“We can’t comment on license applications or requests,” a Treasury Department spokesperson told Al-Monitor Friday.
U.S. Iranian Transactions and Sanctions Regulations (“ITSR”) prohibit the exportation of goods, services or technology directly or indirectly from the United States or by a U.S. person to Iran, and would generally prevent U.S.-registered aircraft from flying to Iran.
“A determination as to whether a violation of the ITSR has occurred is fact specific,” a source familiar with the matter, who requested anonymity, said.
The Ghana firm said to own the plane, Engineers and Planners, “was formed in 1997 to provide mining, construction and engineering services to the many mining companies that were setting up in Ghana at the time,” the firm said in a 2012 statement concerning a plane it had acquired and would offer for lease.
“Recently, the company has entered into an agreement with an American Company to provide it with air services using a challenger 600 aircraft,” the company statement continued. “The arrangement makes the aircraft commercially available for rental by mining companies, oil service companies and other corporate institutions when not in use by Engineers and Planners.”
Engineers and Planner’s listed executive director, Adi Ayitevie, previously served as procurement manager at a Maryland-based firm, MNM Communications, that received several U.S. government contracts to provide construction services at US embassies abroad and domestic facilities, including the FBI academy at Quantico, according to his Linkedin bio and the firm’s client list.
It is common for foreign entities to acquire US “N-registered” aircraft, using trusteeships such as those provided by the Bank of Utah, that conceal the owner’s identity, aviation and legal experts said.
(Photo of a US-registered corporate jet at Tehran’s Mehrabad airport last Tuesday by Thomas Erdbrink, the New York Times.)
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