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Germany investigates report of bank aiding Iran
[Al Arabiya Latest] Germany's financial market watchdog is investigating a newspaper report alleging that an Iranian-owned bank in Germany is helping the Islamic Republic do business linked to its nuclear program, the government said on Monday.According to the Wall Street Journal, the European-Iranian Trade Bank AG--called EIH Bank in Germany--has done more than $1 billion's worth of business for Iranian firms, including some blacklisted by the United Nations, the United States and the European Union. Posted by: Fred 2010-07-20 |
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