U.S. Hits Alleged Iranian Terror Front
NYC-Based Company Funneled Money Into Iran, Officials Say; Treasury Dept. Freezes Assets
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The U.S. Treasury Department froze the assets of a New York-based company that allegedly has ties to Iranian terror groups. (Google)
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"This scheme to use a front company set up by Bank Melli - a known proliferator - to funnel money from the United States to Iran is yet another example of Iran's duplicity," said Stuart Levey, the Treasury Department's under secretary for terrorism and financial intelligence.
The Treasury Department covers action ASSA Corp. of New York City as well as its parent, ASSA Co. Ltd., located in the Channel Islands. Any assets belonging to the companies found in the United States are frozen and Americans are prohibited from doing business with them.
The U.S. government alleged that ASSA Corp. was created by Bank Melli to hold its interest in a building located at 650 Fifth Ave. in New York. The building's construction had been partly financed by a Bank Melli loan, Treasury said. ASSA Corp. co-owns the building through a partnership formed with the Alavi Foundation of New York, called 650 Fifth Avenue Co., the government said.
The United States alleged that ASSA Corp. "has repeatedly transferred rental income generated from the 650 Fifth Avenue partnership back to Bank Melli through ASSA Co. Ltd." The government alleged that ASSA Corp. has shared financial and other information on a regular basis with Bank Melli.
The department said its action does not interfere with the business or other activities of the building's tenants.
Last year the United States accused Bank Melli of providing services to Iran's nuclear and ballistic missile programs and put the bank on its list of companies whose assets must be frozen.Read the Treasury Department's statement on the front company.
The move announced Wednesday marks the latest effort to tighten the financial noose on Iran, which the United States accuses of bankrolling terrorism and seeking a nuclear bomb. The United States has already imposed sanctions on several state-run Iranian banks and businesses along with elements of its defense ministry and Revolutionary Guard Corps.
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Read the Treasury Department's statement on the front company.



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See all 87 CommentsWere you aware that Tamils in UK celebrate suicide bombers? This recent story was in Nov 2008: http://www.lankaweb.com/news/items08/241108-1.html
Funding wars with money from the West
http://www.hrw.org/reports/2006/ltte0306/
US Lawmakers with ties to LTTE money
http://www.island.lk/2008/02/11/features1.html
Bruce Fein and the Terrorists
http://www.lankaweb.com/news/items08/140208-2.html
There is a game being played within the offices of buildings in Washington to which we are not given the rules. Our role in this game seems to be nothing more than the cheering section. They take our money, tell us who to "boo" and then when someone does "surprise" us with a OKC or WTC, ours is to die or light our hair afire and call for war.
It`s all for money.
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Posted by sockpuppet4 at 01:58 PM :
Of course. If someone lies to you 936 plus times, when is it that you want to believe him?
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Posted by Abrame at 02:06 PM
well of course. That''s why this administration is so busy trying to save the economy.
I had to say that fast before I vomited.
Exactly my thoughts. Suddenly, Iran is all terrorism.
Sorry, I didn''t get that memo. Which lies were debunked? How about the big one told to the UN by Colin Powell, using some student''s pictures to pose as pictures of stockpiled weapons of mass destruction?
Misery loves company..
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Posted by you_fools at 02:12 PM
That must be why your little god Bush is working so hard on the failing economy...it must be his "work ethic."
Then get some help for yourself quickly. Don''t let me stand in your way.
More Bu$hLies.
Wonder if DlCK CHENEY still is a dues-paying member of PNAC?
You remember PNAC - the extreme right-wing radicals who want the USA to invade Iran for their OIL...
Wow. You actually hope that Obama is as bad as Bush. Nice way to admit your little god is a failure.
Posted by Abrame at 02:21 PM
Get a dictionary for those big words you can''t handle.
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Posted by IamHungry68 at 02:23 PM
It''s beyond belief. I actually heard Limbaugh say this on his radio show. He actually hoped for the worst economy ever to punish 65 million Americans for voting for Obama. To Hannity''s credit (cough), he actually said he hoped for Obama''s success for the benefit of the country.
********
Who did you blame after Bush took over?
Wow, you''re actually stupid. Wow again.
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Posted by Abrame at 02:28 PM
I am glad you finally agree.
Wonder if DlCK CHENEY still is a dues-paying member of PNAC?
You remember PNAC - the extreme right-wing radicals who want the USA to invade Iran for their OIL...
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OK, I get it, shift the troops to Afghanistan so we can corner the OPIUM market --- much easier to transport per dollar -- I take it back --- Obama''s a genius!
You have a question: ask it.
I''''''''ll do my best to answer it.
Until then, grow up.
Posted by IamHungry68
three days and still no answer....tick, tick, tick...still waiting...tick...tick...tick...yawn
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Posted by Abrame at 02:29 PM
I don''t know what question you think you asked, but if it is anything as stupid as you have posted here, you''re lucky to get a *** for a response.
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Posted by Abrame at 02:31 PM
Three Hail Mary''s and a fruit basket on Yom Kippur and you''re forgiven.
Posted by Abrame at 02:32 PM
Typical.
So, the alleged Iranian Terror front is this nuclear program again, that the U.N. and every world body including treaties like the Non Proliferation Treaty have no legal basis for condemning.
And a country like Israel which HAS a secret nuclear weapon program, and HAS sent spies on U.S. nuclear technology, CONVICTED spies... no freezing of their assets. In fact, taxpayers at the HEIGHT of financial debt and crisis, are involuntarily forced to serve as PARASITIC HOSTS for the state of Israel, as long as they continue to be an arrogant nuclear threat to the middle east propped up by special interests in the U.S.
I think I''m beginning to understand now...
The U.S. dollar''s back on the decline, OPEC is slashing output BIG-TIME, and the Bush administration is poking sticks at Iran again...
This is just lovely... couldn''t happen at a better time and from a better person.
Just keep posting the same post over and over again Rowdy. You might forget that one thought.
Wow. What tangents you go off on.
Posted by IamHungry68 at 02:40 PM : Dec 17, 2008
He gave amnesty to the thanksgiving turkey!
Keep spamming the same message, Rowdy. It''s your one contribution to your life''s goals.
Posted by IamHungry68 at 02:40 PM : Dec 17, 2008
President Bush won in 2000 and 2004 and ensured that Al Gore and John Kerry were never President.
Posted by IamHungry68 at 02:44 PM
The Supreme Court will be remembered as a Republican tool for that one. Gore had every right to demand a recount, but then Bush thugs scared the workers and they couldn''t get their job done. Then the Supreme Court stepped and made sure they couldn''t get their job done, despite the fact that the recount was perfectly legal.
Posted by rudy6543 at 02:46 PM : Dec 17, 2008
They re-counted 5 times! Everytime Bush won. They even through out the military votes (disgraceful).
Then.... the banks go to Washington and get another trillion of taxpayer dollars from our corrupt congress and we/they don''t even know where it went.
But pay no attention to that, rent money went to a country that is trying to generate electricity with a nuclear plant which is completely legal and their right.
Unfortunately it pisses of the Israelis because they are afraid someone might compete with their illegal nuclear weapons program someday.
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Posted by IamHungry68
LOL. The 2000 and 2004 elections are done - GET OVER IT or invent a time machine. LOL
http://www.pbs.org/newshour/media/media_watch/jan-june01/recount_4-3.html
Now, following in the steps of Herbert Hoover he is delivering the SECOND DEPRESSION.
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Posted by johndevinejr at 03:08 PM : Dec 17, 2008
Reread your history of Hoover and you might find out that it was not him that caused the Great Depression.
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Posted by RowdynTex at 03:27 PM
Only to someone as evil as you, you witch, would take delight in something like that. Oregon relies highly on the logging industry. Now that housing construction is down, people are being laid off left and right. You are a truly a piece of work. Tell us about your white Wiccan ways.
October 6, 2000: 9:13 a.m. ET
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Posted by johndevinejr at 03:32 PM
The Methodist Church should be proud. Btw, just do a simple google of the Methodists and find out how in love with Hitler they were.
Posted by noloyalisti at 03:37 PM : Dec 17, 2008
"In the first full study of Florida''''s ballots since the election ended, The Miami Herald and USA Today reported George W. Bush would have widened his 537-vote victory to a 1,665-vote margin if the recount ordered by the Florida Supreme Court would have been allowed to continue, using standards that would have allowed even faintly dimpled "undervotes" -- ballots the voter has noticeably indented but had not punched all the way through -- to be counted".
http://www.pbs.org/newshour/me
dia/media_watch/jan-june01/recount_4-3.h
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Posted by rudy6543 at 03:29 PM : Dec 17, 2008
Oregon''s income from the logging industry is hardly even an industry anymore. The state has been rather draconian in locking out timber companies from logging so that now the majority of timber producing counties are now relying on the Federal Timber Payment programs to make up for the lost revenue that used to easily pay for operating the county expenditures. Because of all the restrictions placed timber harvesting, in several counties 70% of the revenue coming into those counties is federal tax money. The Gov. basically told these counties that you can''t log, but we will give you tax dollars (Federal Welfare) to run your county. This has been going on for 15 years now.
Draconian? I''ll remember that as I pass by all the wood mills throughout Oregon.
Posted by rudy6543 at 03:51 PM : Dec 17, 2008
The board foot totals being harvested in Oregon are down around 65% from the total harvested in 1994 and are predicted to lower another 12% by 2015. There are mills & plywood plants that are still operating, but timber isn''t even one of the top 20 of industries that contribute the most to state revenues. At one time it was the #1 source of revenue for the state, but those days are long gone.
http://whitewraithe.wordpress.com/2008/12/06/how-zionists-occupy-two-nations-america-and-palestine/
Should we feel bad for America? I say NO. America still has some grains in its head that need to be milled.
Amongst them we have placed enmity and hatred till the Day of Judgment. Every time they kindle the fire of war, Allah doth extinguish it; but they (ever) strive to do mischief on earth. And Allah loveth not those who do mischief. Quran; AL-MAEDA (THE TABLE, THE TABLE SPREAD) 005.064
Posted by RowdynTex at 04:12 PM : Dec 17, 2008
TRANSLATION: I don''t care about facts, I just make things up whenever I want.
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Posted by takebackusa at 04:25 PM
Yep, that''s Rowdy''s philosophy.
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