US envoy calls for Germany to block Iran cash withdrawal

German Chancellor Angela Merkel chats with US ambassador to Germany Richard Grenell during a reception of the diplomatic corps at the German governmental guest house in Meseberg on July 6, 2018. (AFP)
Updated 10 July 2018
0

US envoy calls for Germany to block Iran cash withdrawal

BERLIN: The US ambassador to Germany has called on Berlin to block an Iranian bid to withdraw large sums of cash from bank accounts in Germany to offset the effect of new US financial sanctions imposed after Washington withdrew from a 2015 nuclear deal.
Richard Grenell, a longtime critic of the accord, told the mass-circulation daily Bild that the US government was extremely concerned about Tehran’s plans to transfer hundreds of millions of euros in cash to Iran.
“We encourage the highest levels of the German government to intervene and stop the plan,” Grenell told daily newspaper Bild.
Grenell has adopted a more outspoken role than his predecessor since arriving in Berlin in May, drawing criticism for what some German politicians view as meddling in German politics.
A German Finance Ministry spokeswoman on Monday said German authorities were examining the Iranian request. The ministry had no immediate comment’s on Grenell’s comments.
Bild first reported on Monday that German authorities were considering a request by Iran to withdraw 300 million euros ($350 million) from bank accounts held in Germany and to transfer the cash to Iran.


US not ‘afraid to tackle’ Iran regime at ‘highest level’: Pompeo

US Secretary of State Mike Pompeo. (AP)
Updated 27 min 49 sec ago
0

US not ‘afraid to tackle’ Iran regime at ‘highest level’: Pompeo

WASHINGTON: The United States is not “afraid to tackle” Iranian officials with sanctions at the “highest level” of its government, Secretary of State Mike Pompeo said on Sunday.
“We weren’t afraid to tackle the regime at its highest level,” Pompeo said in a speech at the Reagan Foundation, referring to sanctions leveled against Sadeq Larijani, the head of Iran’s judiciary.
Pompeo also confirmed that Washington wants all countries to reduce their imports of Iranian oil “as close to zero as possible” by November 4, part of US efforts to increase economic pressure on Tehran.