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Utopia Talk / Politics / Iran needs cash
Daemon
Member
Mon Jul 09 07:47:18
July 9, 2018 / 9:48 AM / Updated 2 hours ago

Germany considers Iranian bid to withdraw 300 million euros cash: Bild

Reuters Staff



BERLIN (Reuters) - German authorities are considering a request by Iran to withdraw 300 million euros from bank accounts held in Germany and transfer the cash to Iran, Bild newspaper reported Monday, citing unnamed government officials.


Tehran is seeking withdraw the funds from the Europaeisch-Iranische Handelsbank AG (eihbank) because it is worried that it could run out of cash when fresh U.S. sanctions against its financial sector take effect, Bild said.


Washington has announced new sanctions on Iran and ordered all countries to stop buying Iranian oil by November and foreign firms to stop doing business there or face U.S. blacklists.



One of the world’s biggest shipping lines, France’s CMA CGM, announced on Saturday it was pulling out of Iran for fear of becoming entangled in U.S. sanctions after U.S. President Donald Trump abandoned the 2015 nuclear agreement in May.

Iran told the German Financial Supervisory Authority (BaFin) it needed the cash from the accounts “to pass on to Iranian citizens who require cash while travelling abroad, given their inability to access recognised credit cards,” Bild said.



BaFin was now reviewing the request, which had been briefed to senior officials in the chancellery, foreign ministry and finance ministry, the newspaper reported.

The finance ministry had no immediate comment. The Bundesbank, BaFin and the foreign ministry declined to comment. A spokeswoman for eihbank declined to comment, citing bank secrecy laws.

U.S. and Israeli intelligence agencies fear the money could be used to fund armed groups in the Middle East, but German government officials said they had no indications of such plans, Bild reported.

Foreign ministers from the five remaining signatory countries to the nuclear deal — Britain, France, Germany, China and Russia — offered a package of economic measures to Iran on Friday but Tehran said they did not go far enough.
Daemon
Member
Mon Jul 09 07:47:32
http://www...-euros-cash-bild-idUSKBN1JZ0OC
Hot Rod
Revved Up
Mon Jul 09 10:30:07

If they would learn to spend for their people instead of terrorists they would have money.

Hot Rod
Revved Up
Mon Jul 09 10:37:43

That makes no sense.


*If they would learn to spend their money on their people instead of on terrorists they would have money.*

Hot Rod
Revved Up
Mon Jul 09 10:40:40

Better.

Paramount
Member
Mon Jul 09 11:02:33
If only USA would stop to send money for weapons to Israel, and Saudi Barbaria.
Sam Adams
Member
Mon Jul 09 11:24:49
If only iran would stop funding terror attacks on israel and saudi barbaria
Paramount
Member
Mon Jul 09 14:14:25
If Iran would surrender they would be robbed and oppressed by the Zionists, and massacred by ISIS. If the USA would stop sending money for weapons to Israel and Saudi Barbaria then there would be peace.
murder
Member
Mon Jul 09 14:32:26
I'm sorry ... they need to request to withdraw their money?

Hot Rod
Revved Up
Mon Jul 09 14:54:46

They have caused enough terror damage to warrant taking that money to pay for that damage.

Forwyn
Member
Mon Jul 09 15:12:10
Who are we talking about? Saudi Arabia?
Pillz
Member
Mon Jul 09 15:26:25
"I'm sorry ... they need to request to withdraw their money"

Sanctions are still in place.

Also lol @ hot rod and Sam. Don't you believe the state department report that claims Hezbollah is the world's largest and most wealthy criminal organization, with a networth worth over 3 times that of the Yakuza (believed by everyone else to be the richest criminal syndicate)? Why would Iran need 300million to fund terror
Pillz
Member
Mon Jul 09 15:27:12
Over 20 billion dollars. Yakuza is 7-9 estimated.
Forwyn
Member
Mon Jul 09 15:33:41
I'm still wondering when the last time was that a Hezbollah operative blew himself up in a Western subway, or shot up a concert.

Their "terror damage" sure seems to be relegated to military ops in warzones.
Daemon
Member
Tue Jul 10 07:15:03
Here we go again:

http://af.reuters.com/article/worldNews/idAFKBN1K00UN

U.S. envoy calls for Germany to block Iran cash withdrawal

Reuters Staff

2 Min Read

BERLIN (Reuters) - The U.S. ambassador to Germany has called on Berlin to block an Iranian bid to withdraw large sums of cash from bank accounts in Germany to offset the effect of new U.S. financial sanctions imposed after Washington withdrew from a 2015 nuclear deal.


Richard Grenell, a longtime critic of the accord, told the mass-circulation daily Bild that the U.S. government was extremely concerned about Tehran’s plans to transfer hundreds of millions of euros in cash to Iran.



“We encourage the highest levels of the German government to intervene and stop the plan,” Grenell told daily newspaper Bild.

Grenell has adopted a more outspoken role than his predecessor since arriving in Berlin in May, drawing criticism for what some German politicians view as meddling in German politics.

A German Finance Ministry spokeswoman on Monday said German authorities were examining the Iranian request. The ministry had no immediate comment’s on Grenell’s comments.

Bild first reported on Monday that German authorities were considering a request by Iran to withdraw 300 million euros ($350 million) from bank accounts held in Germany and to transfer the cash to Iran.
murder
Member
Tue Jul 10 09:29:08

"Sanctions are still in place."

So what did Iran get for the nuclear deal?

Hot Rod
Revved Up
Tue Jul 10 09:42:23

As much as they gave?

Pillz
Member
Tue Jul 10 10:43:38
Who even knows?
Hot Rod
Revved Up
Tue Jul 10 14:51:18

The Shadow Do.

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