Bank Muscat

Status:
Risk Alert – Entity in a problematic sector – Sector controlled by the Top Alert entities

Info:
Bank Muscat helped Iran restore foreign financial ties;

February 2016 the Obama administration helped Tehran recover $5.7 billion in the Bank Muscat in the Persian Gulf state of Oman;

Bank Muscat and Iran eventually used European banks to convert the funds, said the committee;

On Feb. 24, 2016, the Treasury Department issued a specific license to Bank Muscat to authorize the conversion of Iran’s rials to euros through ‘any United States depository institution …,’” the draft report said. “Even after the specific license was issued, U.S. government officials maintained in congressional testimony that Iran would not be granted access to the U.S. financial system;

Industry:
Financial Services
Banking Sector

Established:
30. April 1982, Maskat, Oman

Country:
Oman

Address:
Al Batinah (South) Oman

Phone:
24795555

Website:
www.bankmuscat.com/

E-mail:
www.bankmuscat.com

Persons of interests:
Abdul Razzaq Bin Ali Issa – CEO

Reason for the color:
» Bank Muscat helps Iran restore foreign financial ties;
» Obama administration allegedly gave Iran access to U.S. financial system;
» Obama enabled Iran terrorism;

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