An indictment was unsealed in the Southern District of New York against Reza Zarrab, aka Riza Sarraf, 33, a resident of Turkey and dual citizen of Turkey and Iran; ...
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Central Bank of Iran – Involved In
Austria’s Oberbank and Raiffeisen Bank connected to Iran market
A senior Iranian trade official says Austria’s Oberbank and Raiffeisen Bank International (RBI) are now connected to Iranian banks. Tehran Chamber of Commerce Chairman Masoud Khansari said that the ...
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British Petroleum to clear debts to Iran
In 2005, National Iranian Oil Company (NIOC) and Britain’s largest oil firm BP launched a 656-million-dollar cooperation producing gas at the offshore gas field of Rhum in Scotland. BP ...
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Funding Hezbollah reveals Iran’s interests
Evidence has come to light of unfrozen Iranian funds going to terrorist organizations. In a candid address on June 24, Hezbollah leader Hassan Nasrallah made a number of admissions ...
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Willing banks find profits in legal trade with Iran
As Western sanctions on Iran have grown tighter, some small banks have found a lucrative niche financing what remains of the legal trade with the Islamic Republic. Top-tier financial ...
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Beirut banks funneling illicit funds for Hezbollah
In a move that could destabilize Beirut’s financial position, a US pressure group urged international financial firms on Tuesday to ditch Lebanese debt and securities, saying that Hezbollah is ...
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