UANI Applauds Switzerland's Hinduja Bank for Pulling Out of Iran


June 28, 2013 

Contact: Nathan Carleton, [email protected] 

Phone: (212) 554-3296


UANI Applauds Switzerland's Hinduja Bank for Pulling Out of Iran


New York, NY - Today, United Against Nuclear Iran (UANI) applauded Switzerland's Hinduja Bank for ending its business in Iran.


On Wednesday, UANI launched its Switzerland Campaign, highlighting the extensive Iran business activities of Swiss firms, and the failure of the Swiss government to join the international community in implementing robust sanctions against the Iranian regime.


This week, Hinduja Bank contacted UANI, and stated that it "has stopped engaging in any transactions connected in any manner with Iran or with any Iranian domiciled persons, entities or vessels."


UANI applauds Hinduja for this responsible decision and will update its campaign accordingly.


Said UANI CEO, Ambassador Mark D. Wallace:


We applaud Hinduja for pulling out of Iran, and for informing us of its current status. No reputable bank, business, or person should be engaging in business with Iran at this time. We call on other Swiss entities to follow Hinduja's lead, and pull out of Iran. Those that remain in Iran are counteracting EU and U.S. sanctions, and are providing the Iranian regime with an economic lifeline to withstand international pressure on its illicit nuclear program.


In a recent Op-Ed, "Time for Switzerland to End Its Irresponsible Business With Iran," which was reported by leading Swiss newspaper Tages-Anzeiger, UANI CEO, Ambassador Mark D. Wallace called on Switzerland "to start behaving like a responsible member of the international community and enact the same measures that have been adopted by its European neighbors and international allies."


Click here to learn more about UANI's Switzerland campaign.

Click here to send a message to the Swiss government calling for tougher sanctions against Iran.

Click here to read Ambassador Wallace's Op-Ed, "Time for Switzerland to End Its Irresponsible Business with Iran."

Click here to read the Tages-Anzeiger article about the Op-Ed.