UANI Applauds Sanctions on Iran’s Central Bank, National Development Fund

(New York, N.Y.)United Against Nuclear Iran (UANI) Chairman Senator Joseph I. Lieberman and CEO Ambassador Mark D. Wallace said the following today in response to the announcement of new sanctions on Iran’s Central Bank and National Development Fund:

“UANI applauds these new sanctions on Iran, the world's leading money laundering concern. Iran's Central Bank and its National Development Fund have provided billions of dollars to the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its primary terror proxy, Hezbollah. For too long, this regime has used its financial system to support terrorism. The commingling of humanitarian and terror transactions should remind the world that the Islamic Republic remains closed for business.”

Since its founding in 2008, UANI has consistently warned companies, countries, and policymakers that Iran’s financial system is too tainted to succeed. UANI’s Iran Risk Snapshot documents this dynamic in graphic detail.