New US plot against Iranian banks

New US plot against Iranian banks

rinf.com

In its bid to halt Iran’s nuclear program, the US has called on Turkey to be ‘vigilant’ over financial operations with Iranian banks.

The US Undersecretary for Terrorism and Financial Intelligence Stuart A. Levey called on Ankara to be ‘vigilant’ over financial operations with state-run Iranian banks, AP said.

Levey said Ankara should scrutinize activities of Turkish-based branches of Mellat Bank since Washington arbitrarily blacklisted Banks - Melli, Mellat and Saderat to coerce Iran to suspend its nuclear program, which Tehran asserts is for domestic purposes only.

“Iran uses its banks for its missile programs in particular,” he claimed.

“It is essential to share information, to discuss risks …, and vigilance that is required to ensure that Turkey’s financial institutions are not abused by Iranian financial institutions and state-owned banks,” the official continued.

The US imposed sanctions against Iranian banks in October to force countries world over to stop doing business with Tehran.

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Is this as important as it sounds?

rinf.com
(visit the link for the full news article)

This is probably why Hugo Chavez and his country's allies are starting up their own independent banking system. If your allocations are self-sustained and controlled, there's little chance of outside manipulation creating a stranglehold.