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FOR IMMEDIATE RELEASE
August 6, 2012
Contact: Nathan Carleton, press@uani.com
Phone: (212) 554-3296
UANI Issues Statement on Standard Chartered's Iran Sanctions Violations, Calls for International Banking Blockade
In May, UANI applauded Standard Chartered Bank for ending its business in Iran, effective at the end of the first quarter of 2012, and we continue to do so. However, Standard Charter must be held to account for its previous illicit Iran business activities.
The revelations this week of Standard Chartered's past activities in Iran are disturbing. The substantial financial penalties proposed for Standard Chartered's collusion with the Iranian regime highlight the severe reputational and fiduciary risks of doing business with Iran and should serve as notice to all entities and financial institutions that they will be held accountable for their business with such an unscrupulous regime.
U.S. lawmakers and regulators must ensure that all businesses and financial institutions cease the provision of financial services to the Iranian regime by imposing an international banking blockade. We call on U.S., European and international officials to sanction all Iranian banks and strictly enforce the banking provisions of existing sanctions such as CISADA, in order to fully isolate Iran from world markets.
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United Against Nuclear Iran (UANI) is a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code.
The prospect of a nuclear-armed Iran should concern every American and be unacceptable to the community of nations. Since 1979 the Iranian regime, most recently under President Mahmoud Ahmadinejad's leadership, has demonstrated increasingly threatening behavior and rhetoric toward the US and the West. Iran continues to defy the International Atomic Energy Agency (IAEA) and the United Nations in their attempts to monitor its nuclear activities. A number of Arab states have warned that Iran's development of nuclear weapons poses a threat to Middle East stability and could provoke a regional nuclear arms race. In short, the prospect of a nuclear armed Iran is a danger to world peace.
United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons. UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons.
The Objectives of United Against a Nuclear Iran
- Inform the public about the nature of the Iranian regime, including its desire and intent to possess nuclear weapons, as well as Iran's role as a state sponsor of global terrorism, and a major violator of human rights at home and abroad;
- Heighten awareness nationally and internationally about the danger that a nuclear armed Iran poses to the region and the world;
- Mobilize public support, utilize media outreach, and persuade our elected leaders to voice a robust and united American opposition to a nuclear Iran;
- Lay the groundwork for effective US policies in coordination with European and other allies;
- Persuade the regime in Tehran to desist from its quest for nuclear weapons, while striving not to punish the Iranian people, and;
- Promote efforts that focus on vigorous national and international, social, economic, political and diplomatic measures.
UANI is led by an advisory board of outstanding national figures representing all sectors of our country. |
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