Middle-east Arab News Opinion | Asharq Al-awsat

Iran Tops Terror Financing Watch List - ASHARQ AL-AWSAT English Archive
Select Page

ABU DHABI, United Arab Emirates, (AP) – An international fiscal watchdog group says Iran is failing to take steps to block terrorist financing and money laundering.

The 34-nation Financial Action Task Force advises investors and businesses dealing with Iran to closely watch their assets for possible links to “money laundering and financing of terrorism.” The report Thursday did not cite any specific Iranian banks or networks.

But Iran is a main sponsor of Lebanon’s Hezbollah and the Palestinian faction Hamas and is unlikely to end its aid.

The advisory group, wrapping up a meeting in Abu Dhabi, calls on seven other countries to bolster controls, ranging from Pakistan to the African island nation of Sao Tome and Principe.

The others are Ecuador, Ethiopia, Turkmenistan and North Korea.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube