......such as Iran if the plan had gone through (see follo'wg article). How do we even know where & in which banks Iran keeps its money? Or suppose Iran $ not even kept in banks???
December 5, 2006
Rice's Iran Strategy Fizzles, Cheney Waits in Wings
by Gareth Porter
Secretary of State Condoleezza Rice's months-long diplomatic effort to get five other powers to agree to a tough United Nations Security Council resolution on sanctions against Iran now seems certain to fail, because of Russian and Chinese resistance.
Last month, the Europeans circulated a draft that would have required that countries prevent the sale and supply of a long list of equipment, technology, and financing to all of Iran's nuclear and ballistic missile programs, including dual-use items and related technologies. It would have required that states "prevent the supply, sale, or transfer" of such technologies, ban travel by Iranian officials connected with either program, and freeze their assets.
2006-12-06 07:22:35 · 3 answers · asked by rare2findd 6 in Politics & Government ➔ Politics
Through international banking channels. Money moves through mediums; stop the mediums, stop the flow.
Go read this:
http://www.treas.gov/offices/enforcement/ofac/
You're obviously curious about the Office of Foreign Asset Control
2006-12-06 07:24:32 · answer #1 · answered by Johnny Answerface 2 · 1⤊ 0⤋
It's been done before. The U.S. froze Iran's assets following the sacking of the embassy in Tehran and taking American citizens hostage.
2006-12-06 15:35:31 · answer #2 · answered by crusty old fart 4 · 0⤊ 0⤋
We can only freeze those assets that are in US banks. We can ask other countries to do the same.
2006-12-06 15:25:30 · answer #3 · answered by yupchagee 7 · 1⤊ 0⤋