(Jerusalem Post) Benjamin Weinthal - German telecommunications company Deutsche Telekom has cut off phone and internet service for Iran's Bank Melli, which funnels funds to terrorist groups working for Iran. According to Handelsblatt, Bank Melli Hamburg managing director Helmut Gottlieb said the loss of Deutsche Telekom service has caused the bank's operation to be "almost paralyzed." On Friday, the U.S. Embassy in Berlin tweeted that "sanctions are working...thank you Deutsche Telekom." The U.S. reimposed sanctions on Iranian banks, including Bank Melli, on Nov. 5.
2018-11-28 00:00:00Full ArticleBACK Visit the Daily Alert Archive