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

March 8, 2010

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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