Iran files complaint against US Treasury Dept.

September 25, 2006 12:33

Iran said it has filed a complaint with the International Monetary Fund against a US Treasury Department ban on its Bank Saderat, state-run television reported on Monday. "Iran has officially submitted a complaint against the US treasury for its ban on Bank of Saderat of Iran to the concerned agencies including the IMF," the broadcast quoted Ebrahim Sheibani, head of the Central Bank of Iran as saying. Sheibani said the ban was politically motivated and the US treasury has not provided any evidence for its claim. Earlier this month US Treasury Secretary Henry Paulson, attending meeting of Group of Seven finance chiefs in Singapore, said Iran was involved in financing terrorism and used front companies to obtain technology to support terror and procure weapons of mass destruction. The US Treasury said since 2001 a Hizbullah-controlled organization had received US$50 million directly through Bank Saderat.

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