Seoul (AFP) Sept 9, 2010 - South Korea said it would penalise a key Iranian bank and put all financial transactions with Tehran under strict government supervision as part of sanctions over its nuclear programme. Foreign ministry spokesman Kim Young-Sun said Wednesday the government would impose a "heavy penalty" on the Seoul branch of Bank Mellat, which allegedly facilitated hundreds of millions of dollars in transac ... more
Michele Kearney's Nuclear Wire
Major Energy and Environmental News and Commentary affecting the Nuclear Industry.
Thursday, September 9, 2010
South Korea announces sanctions against Iran
Seoul (AFP) Sept 9, 2010 - South Korea said it would penalise a key Iranian bank and put all financial transactions with Tehran under strict government supervision as part of sanctions over its nuclear programme. Foreign ministry spokesman Kim Young-Sun said Wednesday the government would impose a "heavy penalty" on the Seoul branch of Bank Mellat, which allegedly facilitated hundreds of millions of dollars in transac ... more
Labels:
Asia,
Bank Mellat,
Government,
Iran,
Kim Young-Sun,
Seoul,
South Korea,
U.S. sanctions against Iran
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