U.S. Issues Sanctions on Turkish Bank that It Calls a ‘Critical Financial Lifeline’ for Iran
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9 Articles
U.S. issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran
WASHINGTON (AP) — The U.S. Treasury announced Friday it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government.
US Treasury Secretary Scott Bessant had warned that he intended to impose sanctions on a new financial institution, as part of Washington's effort to increase pressure on Tehran The post US sanctions on Turkish bank that "facilitated the transfer of Iranian funds" abroad appeared first on in.gr.
Golden Global Yatirim Bankasi Anonim Sirketi and its subsidiaries facilitated transactions worth tens of millions of dollars on behalf of the Revolutionary Guards, the US Treasury Department announced.
The US imposed sanctions on a bank in Turkey for doing business with Iran: "We will continue to act until we bury the head of the Iranian snake" - Sanctioning a financial institution that operates in Turkey, a member of NATO, represents an additional escalation of American pressure on Iran
America is punishing a bank in Turkey for facilitating Iranian transactions.
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