(Wall Street Journal) Peter Fritsch and David Crawford - Tehran is increasingly relying on a small, Iranian-owned bank in Germany to conduct business on behalf of the regime's blacklisted companies, Western officials say. The European-Iranian Trade Bank (also known as EIH Bank) has done over a billion dollars of business for Iranian companies associated with Iran's conventional military and ballistic missile procurement programs, including companies blacklisted by the U.S., UN and EU.
2010-07-20 07:46:18Full ArticleBACK Visit the Daily Alert Archive