Exclusive: Iran uses China bank to transfer funds to Quds-linked companies – report BY LOUIS CHARBONNEAU, JONATHAN SAUL AND JAMES POMFRET NEW YORK/LONDON/SHENZHEN Tue Nov 18, 2014 12:19am EST (Reuters) - There is no trace of Shenzhen Lanhao Days Electronic Technology Co Ltd at its listed address in the beige and pink-tiled Fragrant Villa apartment complex in this southern Chinese city. The buildings managers say they’ve never heard of it. But a Western intelligence report reviewed by Reuters says Shenzhen Lanhao is one of several companies in China that receives money from Iran through a Chinese bank. Such transfers help to finance international operations of the Islamic Revolutionary Guards Corps elite Quds Force, the report said. The Quds provides arms, aid and training for pro-Iranian militant groups in the Middle East, such as Hezbollah, Hamas and Shiite Muslim militias in Iraq. They have also armed and trained government forces in Syrias civil war in violation of a U.N. arms embargo, U.S. and European officials say. reuters/article/2014/11/18/us-iran-sanctions-china-exclusive-idUSKCN0J20CE20141118
Posted on: Tue, 18 Nov 2014 14:59:30 +0000
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