Tags: iran | bomb | parts

Iran Getting Bomb Parts From U.S. Despite Ban

Sunday, 11 Jan 2009 12:06 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON – Iran is successfully using front companies based in the Gulf region and Asia to import American technology that can be can have military use, The Washington Post reported on its website.

Citing US researchers and Justice Department documents, the newspaper said Iran in the past two years had acquired numerous banned items including circuit boards, software and Global Positioning System devices that are used to make sophisticated versions of the improvised explosive devices, or IEDs, that kill US troops in Iraq.

The trade was briefly disrupted after the United States imposed sanctions against several Dubai-based, Iranian front companies in 2006, but the technology pipeline to Tehran is now flowing at an even faster pace, the report said.

In some cases, Iran simply opened new front companies and shifted its operations from Dubai to Asia, said the paper, citing unnamed officials.

"Without doubt, it is still going on," the report quoted one former US intelligence official as saying.

Bomb circuitry is only a part of the global clandestine trade that continues to flourish, The Post said.

A federal investigation in New York into whether banks helped customers skirt US rules forbidding business with Iran turned up evidence of Iranian interests trying to buy tungsten and other materials used in the guidance systems of long-range missiles, the paper said.

British-based Lloyds TSB Bank agreed Friday to pay a 350 million dollar penalty to settle a probe that it illegally handled financial transfers for Iran and Sudan in violation of US sanctions.

A Justice Department statement said Lloyd's "has accepted and acknowledged responsibility for its criminal conduct" in a criminal complain filed in US District Court in New York.

"Lloyds agreed to forfeit the funds as part of deferred prosecution agreements with the Department of Justice and the New York County District Attorney's Office," the statement said.

Copyright 2009 AFP. All rights reserved.

-

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Reports: Man Who Jumped White House Fence Had a Knife

Saturday, 20 Sep 2014 23:47 PM

The man who got inside the White House on Friday after jumping a fence and running more than 70 yards across the North L . . .

Alan Dershowitz: Strongest Ally in the Middle East Is Israel

Saturday, 20 Sep 2014 21:52 PM

Harvard Law School professor Alan Dershowitz said on Saturday that the strongest ally in the Middle East in battling the . . .

Wife of British ISIS Hostage Pleads for His Release

Saturday, 20 Sep 2014 20:51 PM

The wife of a British taxi driver being held hostage by Islamic State jihadists implored his captors to release him, say . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved