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Thursday, March 14, 2013

Greek businessman cited in scheme to sell Iranian oil, defying sanctions

The Obama administration on Thursday imposed sanctions on a Greek shipping magnate accused of secretly helping Iran sell its petroleum in defiance of international restrictions on Iranian oil exports.

The Treasury Department identified Dimitris Cambis, owner of a Greek shipping company, as a central figure in a scheme that allegedly enabled Iran to disguise its oil to evade international sanctions and an oil embargo.

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READ THE ORIGINAL POST AT www.washingtonpost.com