Iran News ...


07/19/10

Germany 'To Investigate' Iranian-Owned Bank

Source: RFE/RL


The bank is accused of doing business with companies tied to units of Iran's Defense
Industries Organization and the Islamic Revolutionary Guards Corps (IRGC).

Officials reportedly say Germany will investigate claims that an Iranian-owned Hamburg bank has extensive business ties to blacklisted Iranian companies.

"The Wall Street Journal" quoted unnamed sources saying that the European-Iranian Trade Bank AG had done more than $1 billion in business with Iranian companies connected to the Islamic Republic's military and ballistic-missile procurement programs.

The companies are reportedly tied to units of Iran's Defense Industries Organization and the Islamic Revolutionary Guards Corps (IRGC).

Germany is Iran's largest European trading partner.

compiled from agency reports



 

Copyright (c) 2010 RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036. www.rferl.org

... Payvand News - 03/25/16 ... --



comments powered by Disqus


Other Insteresting Articles:
Home | ArchiveContact | About |  Web Sites | Bookstore | Persian Calendar | twitter | facebook | RSS Feed


© Copyright 2010 NetNative (All Rights Reserved)