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[Telegraph-UK] Damien McElroy - Western intelligence agencies have reported that prominent private businesses and wealthy families have moved tens of millions of dollars out of Iranian banks into overseas accounts in the wake of mass demonstrations which have paralyzed commercial life after the disputed re-election of President Ahmadinejad. At the same time, one of Iran's leading foreign investors, the Austrian oil and gas firm OMV, said it would not invest any more money in a large offshore gas project and warned that it would pull out of the country if Iran demanded more cash. 2009-06-26 06:00:00Full Article
Money Floods Out of Iran as Election Crisis Continues
[Telegraph-UK] Damien McElroy - Western intelligence agencies have reported that prominent private businesses and wealthy families have moved tens of millions of dollars out of Iranian banks into overseas accounts in the wake of mass demonstrations which have paralyzed commercial life after the disputed re-election of President Ahmadinejad. At the same time, one of Iran's leading foreign investors, the Austrian oil and gas firm OMV, said it would not invest any more money in a large offshore gas project and warned that it would pull out of the country if Iran demanded more cash. 2009-06-26 06:00:00Full Article
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