Economy, Business And Markets
0

Ministry Condemns US Sanctioning of CBI Chief

Ministry Condemns US Sanctioning of CBI Chief
Ministry Condemns US Sanctioning of CBI Chief

Two days after the Central Bank of Iran issued a statement against the recent blacklisting of its governor, the Ministry of Economic and Finance Affairs has made a similar move, calling the sanctions another example of “unconventional behavior” and a “lack of commitment toward international agreements” by the US.
“In an illegal move that was against international rights, the US Treasury Department put the governor of the central bank and one of its directors on its sanctions list,” the ministry’s statement published on its website reads.
On May 15, the US Department of Treasury’s Office of Foreign Assets Control imposed sanctions on CBI Governor Valiollah Seif and Ali Tarzali, former assistant director of the bank’s International Department, in addition to the Iraq-based Al-Bilad Islamic Bank and its chairman, and a Hezbollah official. 
OFAC designated all of them Specially Designated Global Terrorists, which targets terrorists and those providing support to terrorists or acts of terrorism.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com