NewsSpecial WireIran blasts blacklisting of its bank by U.S.

Iran blasts blacklisting of its bank by U.S.

-

Iran Focus: Tehran, Iran, Sep. 10 – Iran condemned on Sunday the decision by the United States to blacklist a major Iranian bank. Iran Focus

Tehran, Iran, Sep. 10 – Iran condemned on Sunday the decision by the United States to blacklist a major Iranian bank.

“Apparently, abnormal measures are routine for the U.S. and it thinks that this will influence our policy-making”, Foreign Ministry spokesman Hamid-Reza Asefi told reporters during his weekly press conference.

“This is a childish action by the United States. They have shown that they will use any incorrect tool in order to reach their goals”, Asefi said, adding that the new measures would have no effect.

The U.S. Treasury Department announced on Friday that it had blacklisted Iran’s Bank Saderat because of its “support for terrorism”.

“Bank Saderat facilitates Iran’s transfer of hundreds of millions of dollars to Hezbollah and other terrorist organisations each year. We will no longer allow a bank like Saderat to do business in the American financial system, even indirectly”, said Stuart Levey, Under Secretary for Terrorism and Financial Intelligence (TFI).

Bank Saderat is one of the largest Iranian-owned banks, with roughly 3400 branch offices.

Latest news

Iran’s Regime Uses War to Legitimize the Gallows

As the world's attention remains fixed on the drums of war echoing across the Middle East, the Iranian regime...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented challenges in recent months. Point-to-point inflation has reached 96%, and...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the world's largest illegal gambling networks has become part of the...

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on household livelihoods, the Statistical Center of the Iranian regime announced...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission of the Iranian regime's Majlis (parliament), described the country's drug...

Iran: Growing Demand for Installment Payment Plans for Medical Services

Amid rising prices and the deepening cost-of-living crisis in Iran, Eghtesad News website reported that installment payments are becoming...

Must read

Iran records 39 percent money supply growth

AFP: Iran's central bank said money supply, a key...

Iran further inflames Syria conflict

Iran Focus Washington, 23 May - Iran is consistently...

You might also likeRELATED
Recommended to you