Posted on 02/24/2015 7:47:18 AM PST by Olog-hai
At least $1 billion in cash has been smuggled into Iran as it seeks to avoid Western sanctions, a bigger figure than previously reported, Iranian officials and Western intelligence and diplomatic sources say.
Sanctions imposed by the West over Iran’s nuclear program have shut Tehran out of the global banking system, making it hard to obtain the U.S. dollars it needs for international transactions.
In December, the U.S. Treasury said the Iranian government had obtained hundreds of millions of dollars in bank notes using front companies.
Interviews by Reuters with Iranian officials and Western diplomatic and intelligence sources show a bigger smuggling effort by Tehran, as well as the routes and methods used—details not previously reported. These sources said at least $1 billion in U.S. bank notes had been smuggled into Iran in recent months, with the Iranian central bank playing an important role. …
(Excerpt) Read more at reuters.com ...
Sure is a good thing the NSA knows everything about every last detail of Americans. Do you feel safe now??
Why doesn’t Iran just invest in untraceable Bitcoin?
John Kerry most likely personally delivered.
How does this work?
What do they buy U.S. dollars with?
Surely they're not just trading camels for them?
Maybe those mysterious US-based private jets landing in Iran are not wealthy tourists on vacation.
” John Kerry most likely personally delivered. “
And they stiffed him at the front door.
No tip.
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