New York Times Confirms that "Toxic" American-Based Companies Such as Shell, Ingersoll Rand, and Mazda Do Business with Iran while Receiving U.S. Taxpayer Dollars

FOR IMMEDIATE RELEASE
March 8, 2010
Contact: Kimmie Lipscomb, [email protected]

Phone: (212) 554-3296
 

New
York Times Confirms that "Toxic"
American-Based Companies Such as Shell, Ingersoll Rand, and Mazda Do
Business
with Iran while Receiving U.S. Taxpayer Dollars     

 

New York, NY - On Sunday the New York
Times confirmed that
U.S. companies such as Royal Dutch Shell, Ingersoll Rand and Mazda are doing business
with Iran's brutal regime while receiving U.S. taxpayer
dollars.  UANI
lists these companies on its Iran Business Registry,
and has targeted them for conducting business with a brutal regime that
is
illegally developing nuclear weapons.  On June 30, 2009 UANI
first called on Congress to guarantee to every American that their tax
dollars
are not paid to companies that do business with Iran. 
Taxpayer support of
such companies directly strengthens a regime that is developing nuclear
weapons
and that has brutally repressed its own people. 
 
In response to the story, UANI President, Ambassador Mark D. Wallace
said
"American-based companies such as Ingersoll Rand continue
to operate in Iran and produce the machinery on which Iran's nuclear
program
and oil and gas development depend.  At the same time, these
companies
benefit from millions of U.S. taxpayer dollars.  UANI has also
targeted Royal Dutch Shell for its
extensive business in Iran and its failure to disclose adequately such
business
to shareholders and the SEC.  Given the extent of their
business in Iran,
such companies are too 'toxic' to do business with the United
States.  The
U.S. Government should end all contracts with companies that do
business in
Iran.  Companies must choose:  do business with Iran
or do business
with the U.S."
 
UANI maintains on its Iran Business Registry a
list of over 200 companies that have been reported to do business in
Iran.  With the support of its tens of thousands of activists,
UANI asks
these companies to end their business in Iran. 
 
Click here to read the NYT
Story.
 
Click here to read the ABC Iran
Act.
 
Click here to view the Iran
Business Registry.

Click here to read UANI's June
30, 2009 Press Release.

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