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Empire strikes back - US draws on its dominion to wreak havoc in Iran

Posted by Matt in March 28th, 2008

A different kind of strike may be on the way. It’s already been tested against North Korea and Burma, and it worked. Now the US may be getting ready to drop its financial atom bomb on the much bigger target of Iran.

The warning came last week in an advisory notice posted by the US Treasury’s Financial Crimes Enforcement Network or FinCEN, titled “Guidance to Financial Institutions on the Continuing Money Laundering Threat Involving Illicit Iranian Activity”.

In it, Washington’s Treasury in effect accuses Iran’s banking system, up to and including its central bank, of being complicit in money laundering associated with nuclear weapons proliferation and terrorism. The Treasury is warning banks worldwide to think twice about doing any business with 51 state-owned and seven private Iranian banks involved in foreign operations.

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Published in Financial, Iran, U.S.

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[Countries link to CIA Factbook. States link to Wikipedia.]


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