Iraqi Finance ceased its dealings with the bank violated the sanctions imposed on Iran

Iraqi Finance ceased its dealings with the bank violated the sanctions imposed on Iran

02/08/2012 20:09

Erbil, August 2 / August (Rn) – The official source at the Iraqi Ministry of Finance, on Thursday, the ministry decided to suspend all forms of dealing with the Bank of “Culture” Islamic.The ministry’s decision after the authorities imposed a U.S. ban on this bank, for his handling of the Islamic Republic in Iran. said Undersecretary of the Ministry of Finance of Iraq, Fadel prophet, told the Kurdish news agency (Rn) that “The U.S. government did not inform us earlier, in order to give forewarning to the bank, but we were running with all forms of deal, because the bank were not under siege at the time.” said “The bank was an Iraqi, but a capital of Iran,” noting that “most of his dealings were with Iran, by sending money to them, otherwise, but the U.S. government imposed yesterday sanctions on the bank.” The Prophet said that “the Ministry of Finance stopped starting on Wednesday , all dealings with this bank, we will not hold with any transaction. ” The U.S. government has imposed new sanctions yesterday, on the energy sector and several financial firms Iranian, including Bank (Elaph) Iraqi Islamic as well. From: Repin good, see: Ihsan Aervani

Source: aknews