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A New York district attorney announced a sweeping indictment, charging a businessman with setting up accounts at New York banks to help Iran get nuclear weapons materials.
The 118-count indictment from Manhattan DA Robert Morgenthau's office accused Chinese national Li Fang Wei and his company LIMMT Economic and Trade Co. LLC of violating a United Nations embargo with nearly 60 transactions over the past two years. The indictment said Li used shell companies and bank accounts with aliases to transfer money for the transactions between November 2006 and September 2008.
Morgenthau said Tuesday that the payments were sent to and from a limited number of Chinese banks that handled accounts for Li and his companies. He said he had jurisdiction because Manhattan banks were used. "This case will cut off a major source of supply to Iran and it shows how they are going ahead full steam to get a nuclear bomb," a law enforcement source told the New York Daily News. "Long-range missiles they pretty much have already."