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Austria Becomes “Hub” For Iran-Linked Money Laundering

Austria has become a “hub” for Iranian-linked money laundering, according to experts at the Simon Wiesenthal Center quoted by the Jerusalem Post. The Telegraph further reported that entities identified by U.S. Treasury officials as “support[ing] a range” of Iran’s weapons procurement objectives have been allowed to travel through Europe with immunity. Analysts worry that these and other gaps will undermine the international sanctions regime upon which Western countries have pinned hopes for a non-military solution to Iran’s widely-suspected nuclear weapons program.

 

[Photo: Russia Today / YouTube]