FOR IMMEDIATE RELEASE
February 3, 2012
Contact: Nathan Carleton, [email protected]
Phone: (212) 554-3296
UANI Responds to SWIFT's Latest Statement Regarding Its Relationships with Iranian Financial Institutions
New York, NY - United Against Nuclear Iran (UANI) President, Ambassador Mark D. Wallace, issued the following statement Friday following SWIFT's latest pledge to work with US and EU authorities and "find the right multilateral legal framework which will enable SWIFT to address the issues:"
SWIFT's latest statement is a sign that SWIFT is beginning to understand the seriousness of this issue. But actions speak louder than words. Every day and every transaction that sanctioned Iranian banks process through SWIFT enables the regime's march to a nuclear weapon, its funding of terrorists, and the brutal repression of the Iranian people. The issue, and what SWIFT needs to do, is clear.
On Monday, January 30, UANI submitted a detailed legal explanation to SWIFT, international banking and regulatory officials, and U.S. lawmakers, showing how SWIFT is in violation of U.S. and EU sanctions by affording Iranian banks BICs and access to the SWIFT system.
Click here to read UANI's full letter to SWIFT.
Click here to send a message to SWIFT.