Iran files complaint against US Treasury Dept.

September 25, 2006 12:33


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

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.

Related Content

August 18, 2018
Hedging Bets: Turkey Courts Europe Amid Row With U.S.