Pages

Friday, March 15, 2013

U.S. imposes sanctions on covert Iran oil-shipping network

Under Secretary of the Treasury for Terrorism and Financial Intelligence Cohen speaks about HSBC during a news conference in New YorkBy Alister Bull WASHINGTON (Reuters) - The United States slapped financial sanctions on Thursday on a Greek businessman it says secretly operated a shipping network on behalf of the Iranian government to get around international sanctions on the country's sale of oil. "Today, we are lifting the veil on an intricate Iranian scheme that was designed to evade international oil sanctions," U.S. Treasury Undersecretary for Terrorism and Financial Intelligence David Cohen said in a statement. The U.S. ...



READ THE ORIGINAL POST AT news.yahoo.com