Reporter: Is Admin Exploiting Loopholes For Iran?
The Obama administration is now advising foreign banks on how to bypass existing U.S. sanctions when dealing with Iran, according to the State Department, which disclosed that officials are offering guidance on how to grant the Islamic Republic access to billions of dollars in frozen assets.
However, the administration would not comment when pressed by reporters on whether foreign banks would be permitted to conduct monetary transactions with Iran using American dollars. Continue reading
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