4th May 2020
The United States on Friday imposed sanctions on an Iranian-Iraqi businessman and his mining company, accusing him of involvement in efforts by Iran’s elite Quds Force to generate revenue illegally and smuggle weapons abroad, the U.S. Treasury Department said. Amir Dianat has supported Quds Force smuggling operations for years, including… Read More
4th May 2020
Out of cash and desperate for help in propping up its oil industry, Venezuela is raiding its gold vaults and handing tons of bars to its long-time ally Iran, according to people with direct knowledge of the matter. Government officials piled some 9 tons of gold — an amount equal… Read More
30th April 2020
At times it can seem as if Swedbank’s recent history has been taken from the plot of a Nordic noir novel. There is a procedural bleakness to the Swedish bank’s money laundering scandal and a complexity to it all that does little to resolve the moral ambiguities of institutional malfeasance. Read More
29th April 2020
Major powers must suspend economic sanctions against countries including Syria, Iran and Venezuela during the coronarivus pandemic which threatens to worsen hunger and suffering for the poor, an international refugee charity said on Tuesday. Jan Egeland, a former U.N. aid chief who now heads the Norwegian Refugee Council (NRC), said… Read More
28th April 2020
The United States faces a tough, messy battle if it uses a threat to trigger a return of all United Nations sanctions on Iran as leverage to get the 15-member Security Council to extend and strengthen an arms embargo on Tehran, diplomats said. Washington has shared its strategy, confirmed by… Read More
28th April 2020
A bank has been accused of potentially putting people’s health at risk during the coronavirus crisis by freezing an NHS pharmacy’s business account with no explanation, leaving it unable to pay suppliers. The co-owner of NDY Peters Pharmacy in Marylebone, central London, said the firm’s staff were working on… Read More
16th April 2020
By Ana Poenariu (RISE Romania), OCCRP, 15 April 2020 OCCRP — In late March, a shipment arrived in Romania of a million medical masks — desperately needed goods for a country facing the rapidly spreading COVID-19 pandemic. But relief soon turned to disappointment for medical staff on the front line. Read More
14th April 2020
British American Tobacco is under criminal investigation by regulators in the United States over suspected sanctions-busting. The Department of Justice and the Office of Foreign Assets Control, a financial intelligence and enforcement agency that is part of the Treasury department, are investigating “suspicions of breach of sanctions”. It is not… Read More
8th April 2020
The U.S. plans to block Iran’s requested $5 billion emergency loan from the International Monetary Fund for funding Tehran says it needs to fight its coronavirus crisis. Senior officials in the Trump administration said Iran’s government has billion-dollar accounts still at its disposal. If allowed to tap IMF financing,… Read More
7th April 2020
The Trump administration on Monday accused Iran of a scam in which it is trying to obtain sanctions relief for the coronavirus pandemic, which would enable Tehran to increase its spending on “terror operations”. Washington is ignoring calls from Iran to lift sanctions as the coronavirus cases there soar above… Read More