UK freezes $1.6 billion of Iran’s Assets

Monday, June 22, 2009 20:40
Posted in category News Wire, Politics

stealingThe UK government has frozen $1.6 billion of Iran’s assets. British officials made the announcement on Thursday and claim that the money was frozen under international sanctions imposed over Tehran’s nuclear program. You know, the nuclear program which Iran has every legal right to pursue under the Nuclear Non-Proliferation Treaty.

UK’s economic secretary to the Treasury Ian Pearson said in a written statement to parliament “The total assets frozen in the UK under the EU (European Union) and UN sanctions against Iran are approximately 976,110,000 pounds.” Pearson did not elaborate.

The EU has frozen assets of Iran’s biggest bank, Bank Melli.

Excerpts from the 2007 US National Intelligence Estimate on Iran

“We assess with high confidence that until fall 2003, Iranian military entities were
working under government direction to develop nuclear weapons.”

“We judge with high confidence that the halt (of a nuclear weapon program)  lasted at least several years.”

“We assess with moderate confidence Tehran had not restarted its nuclear weapons
program as of mid-2007
, but we do not know whether it currently intends to develop
nuclear weapons.”

“We continue to assess with moderate-to-high confidence that Iran does not currently
have a nuclear weapon.

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20 Responses to “UK freezes $1.6 billion of Iran’s Assets”

  1. chi hair straightener says:

    June 23rd, 2009 at 1:28 am

    I have a story.one mother says she’s aware something is very wrong, but she doesn’t want to hear about it because she just wants to “be with her children and see them grow up happy.” I tell her ,“But, if we don’t stop this, your children may not get to grow up at all.” so basically, she’s using her kids as an excuse for her own inability to face reality.

  2. Nicolae says:

    June 23rd, 2009 at 1:47 am

    In 1492, Chemor, chief Rabbi of Spain, wrote to the Grand Sanhedrin, which had its seat in Constantinople, for advice, when a Spanish law threatened expulsion.2 This was the reply:

    ” Beloved brethren in Moses, we have received your letter in which you tell us of the anxieties and misfortunes which you are enduring. We are pierced by as great pain to hear it as yourselves.

    The advice of the Grand Satraps and Rabbis is the following:

    1. As for what you say that the King of Spain obliges you to become Christians: do it, since you cannot do otherwise.

    2. As for what you say about the command to despoil you of your property: make your sons merchants that they may despoil, little by little, the Christians of theirs.

    3. As for what you say about making attempts on your lives: make your sons doctors and apothecaries, that they may take away Christians’ lives.

    4. As for what you say of their destroying your synagogues: make your sons canons and clerics in order that they may destroy their churches. [Emphasis mine]

    5. As for the many other vexations you complain of: arrange that your sons become advocates and lawyers, and see that they always mix in affairs of State, that by putting Christians under your yoke you may dominate the world and be avenged on them.

    6. Do not swerve from this order that we give you, because you will find by experience that, humiliated as you are, you will reach the actuality of power.

    (Signed) PRINCE OF THE JEWS OF CONSTANTINOPLE.”

    2. The reply is found in the sixteenth century Spanish book, La Silva Curiosa, by Julio-Iniguez de Medrano (Paris, Orry, 1608), on pages 156 and 157, with the following explanation: “This letter following was found in the archives of Toledo by the Hermit of Salamanca, (while) searching the ancient records of the kingdoms of Spain; and, as it is expressive and remarkable, I wish to write it here.” — vide, photostat facing page 80.

    ~ The above was quoted from Waters Flowing Eastward by Paquita de Shishmareff, pp. 73-74

  3. robertsgt40 says:

    June 23rd, 2009 at 8:24 am

    We did the same thing to Japan…just before WWII. The US was in a big depression,,,kinda like today. We had economically cut off Japan from the rest of the world. Deja vu? Hardly a coincidence. Given what has been taught in schools today, it’s no wonder no one picks up on this. Bolton said two years ago if we couldn’t destablize Iran from within(ie coup) then military action would be used. We’re running out of men and money fast. Time to act. Thanx guys.

  4. Neven says:

    June 23rd, 2009 at 11:27 am

    Hi, sorry if this is the wrong place, but you guys were very much spot on with the Iran Twitter scam. I just saw a video of an Iranian woman called Neda allegedly being shot by a sniper. However, I’m very much inclined to think this video is fake. Am I crazy to think this?

  5. John Burris says:

    June 23rd, 2009 at 5:18 pm

    I would love to see how the moderator of this site Chartingstock1 would reply, do you think Neven is crazy? I doubt he wil respond although he sees everything written here and the curious joe he is he would normally not pass on responding, but for time being he has gone to the holy city of ghom to fight for the islamic cause of khamenei his suppreme leader and his son who have been manhandling the region and their own nation for past 10 days. Neda as the number hits on the internet and youtube will evidence was unfortunately a true story, one of 500+ students that have been murdered by their own government. What is unfortunate is Neda was not even a demonstrator, she was simply a bystander watching and a sick sharpshooter off a motor cycle aimed at hear heart from close range, she died within 2 minutes with blood gushing out through mouth, nostrils and eye lids. President Obama and many other world leaders sent their sympathies to her family. Unfortunately she is only one of 500+ students that have been murdered during past 10 days, she only received more exposure as she was a bystander as opposed to peacefully demonstrating as the other victims for their freedom. Unfortunately due to complete blackout of communications and media by the government of that country, the students of that country have rushed in volumes to twitter, facebook and other social networking sites in order to update the world with what is going on around them. The mederator of this site like many others who have failed victims to having limited wisdom but elevated imaginations so they come up with follies you refer to above.

  6. Shahab says:

    June 24th, 2009 at 4:49 am

    Hi All, Thanks to John, I’m Iranian and now living the Tehran, I was not present in that rally when Neda shooted, but it is real, all you can see in facebook & twitter are real, after 30 years of our revoloution now the pepole dare to present their oppinions. I heard 3% of a nation with gun can rule them, imagine how difficult is to face a man with gun. This is the first time that the people have said something against the supreme leader who controls the army, the revoliotion army and justice and many many other points of power. My people only want a more realistic president not this extermist Ahmadynejad. Ther are more than 20 pepole who has killed now and more than 400 attested till now. But I’m sure we will win because we belive in GOD ad the power of people.
    viva freedom, and thanks to those all over the world who has tried to update the world with the news.

  7. Neven says:

    June 24th, 2009 at 10:49 am

    John Burris and Shahab, does everyone in Iran feel the same way as you do? Are you sure about this? What if Ahmadinejad DID have the most votes? Will Twitter and Facebook replace elections in the near future? Something like: Oh, we’re not happy with the way this is turning out, so we just create the image of a revolution that will then hopefully gain enough momentum to replace reality? What a wonderful democracy!

    I don’t think you can blame me or other people for being suspicious. The US and Israel would love to see a crisis in Iran. They have an agenda and spend a lot of money on destabilizing strategies (remember Tonkin bay? Remember the WMDs in Iraq? Remember Iran-contra? Remember the Kuwaiti girl whose baby was trampled by Iraqi soldiers?). The mass media will jump on anything that appeals to our sense of outrage and that doesn’t comply with our manipulated view on freedom and democracy, objective reporting is practically non-existent. Ahmadinejad has enemies within Iran that will want to exploit this as much as they can, but they are not even 1 percent better than Ahmadinejad (Moussavui, Rafsanjani, the mullahs etc). Intellectuals will always be dissatisfied one way or another and/or clamour for revolution, but intellectuals are usually a minority. Many, many reasons for being reticent.

    So can you really blame me for being suspicious and not be swept up into mass emotionalism when I see a Youtube flick that could easily be a fake? Especially when it is broadcast everywhere whereas usually something as graphic as this would not be broadcast so easily. I mean this could be an episode of Faces of Death, it’s like a horror movie. In the country where I live a lot of reports started off with ‘the gorgeous student…’, as if that makes it worse. Would it have made the same impact if it was some fat, bearded guy who was shot through the head? Would that be shown on CNN? They can show horrible pictures from around the world every day, pictures that 100% aren’t fake, like emaciated people in concentration camps, or children that are being raped, but they don’t show that and they hardly ever do. Now all of a sudden they do. Why? Because Iran needs to be destabilized and some US puppet put into power with an ensuing civil war with hundreds of thousands of innocent people getting killed like we have seen for over 5 years in neighbouring countries Iraq and Afghanistan? Is that better than an alleged cruel dictatorship that the intellectuals in exile do not like?

    Now tell me honestly, can you blame me for being suspicious? If you ask me, those protesting students are used as pawns by people who aren’t in the least interested in freedom or democracy. And everyone getting his need for righteous indignation fulfilled by hypes like Twitter and Facebook are actually making things much, much worse than they are now. That is how I see it. Now again I ask you: Am I crazy?

  8. HRW177 says:

    June 24th, 2009 at 4:44 pm

    Neven, you have a right to be suspicious given the US’ past history of foreign coups (we’ve been the main player behind 14 within the last century I believe), but right now the evidence that this is a CIA operation isn’t very strong at least imo. The Iranian people have legitimate reasons to be upset with the regime. It’s pretty well-documented that the Iranian regime has been repressing the people for 30 years now (HRO reports, videos, testimonies, condemnatiions from UN, etc.). Iranian human rights activists like Shirin Ebadi and Akbar Ganji have also spoken out against the regime’s human rights abuses and are in favor of democracy, but they are against foreign intervention to achieve this. These Iranians that have spoken out have done so at great risk to their livelihoods and personal safety (Ganji, Ebadi, and Montazeri have all been imprisoned). Yes, I don’t like Mousavi’s past, but maybe he has changed. Grand Ayatollah Montazeri changed in 1988 when he spoke out against Khomeini’s mass executions and he has continued to speak out against the abuses of the regime to this day. Certainly I don’t like the idea of a theocracy, but I think if the IR stays in place at some level as it looks like it will then I’d much rather have Montazeri in as the SL over Khamenei. Montazeri is for reforms that would curb the power of the mullahs including the SL in the government and bestow additional rights upon now persecuted segments of the population like women and the Bahai. Again, I’m not for a theocracy and I’d much rather see a secular republic, but not all the mullahs are bad as evidenced by Montazeri and those clerics that have been seen protesting with the people. I don’t much trust Rasfanjani though.

  9. Brian Mallard says:

    June 24th, 2009 at 6:12 pm

    @Naven, you stop asking if you are crazy and if someone can blame you for being suspicious. After all, you stop being apologetic like a German toward Jews for causing Holocaust. Thanks to Holocaust, Jews become more united and stronger all over the world today. The fact that you know America’s grand strategy to use the illusion of democracy to dominate everywhere shows you have wisdom beyond your young age. I bet you are a successful investor on the financial market, if you put money into where your mouth is and also follow the remarkable real stock market insights from @chartingstocks1. Let others be the analyst, who is a dime a dozen. No one can agrue with your profit!

  10. Joe the electrician says:

    June 25th, 2009 at 6:04 am

    why my posts are not getting published?

  11. Dirk Diggler says:

    June 25th, 2009 at 3:24 pm

    The Persians are terrorists. Left-wing nut cases refuse to beleive this and think America is evil for trying to stop the insane rulers of Persia from going nuclear. When these nuts detonate a nuke on US soil, the left-wing nuts will blame America. I believe ever yleft-wing nut should be executed for the good of the planet.

  12. Michael says:

    June 25th, 2009 at 4:08 pm

    It seems that most Americans can only see one side of things. In reality it is America that is acting as a terrorist state. Invasions everywhere due to a criminal act done in New York, bombing everywhere with no real care about innocent life, threatening to use nuclear weapons preemptively. Interfering in every other country’s interior affairs. Americans need to do some introspection and soul searching. Hopefully this financial crises will put a damper on the quest for world dominion.

  13. Robert M. Stockmann says:

    June 25th, 2009 at 5:45 pm

    Ahmadinejad is the best President Iran ever had. His speeches in
    America and at the U.N. are today still silenced to death. Iran under
    Ahmadinejad has evolved into a free and independent country, with its
    own oilsales, which apparently is a thorn in the eyes of Western
    Government rulers who after the 1st Iraq war declared their New World
    Order. Not a single Dollar/Euro will be saved to incorporate Iran as
    well.

  14. Mike S says:

    June 25th, 2009 at 7:00 pm

    The CIA killed Mozadek in ‘53 when they were afraid he might nationalize Iranian oil. At that time BP had a virtual monopoly on Iranian oil, and took more than 70% of the profits. Iran was getting less than 30% and had the audacity to think that they just might be entitled to more. At that time the Bush family owned 48% of BP. Before the war to topple the Monster Hussein our female diplomat to Iraq told him that he could settle his problems with Kuwait any way he chose, that it was a ‘regional matter’ and the US would let him handle it however he wanted. Since the end of the Cold War with Russia the US has built dozens of military bases all over the world, they ALL surround countries that have gas or oil deposits. Since the Iraq war the US has a military presence in the oil producing countries, we no longer have to go through Saudi Arabia, which was slow and problematic if they didn’t approve our plans. You connect the dots.

  15. John C. Cha says:

    June 25th, 2009 at 10:07 pm

    The Britons always undoing the mess they made. The Britons – From Large Empire to cocaine addicted shambles. No need to mess up the British – they mess themselves up with their sneaky little plans. Everything about Iran is because of British Petroleum or the Petrol Dollar consortium. Their original Mr. Williamson (Ayatollah Khomeini) a product of Petroleum Industry meddling. It is so messed up that the British made this all, and then a pissed off Khomeini smeared Persia with a Sikh symbol on their flag. Then, the British decided they didn’t like the Shias after all, even they put them there. Typical bullcrap. It’s best the British mop this up, give the Persians back their freedom, and then hide in their caves. Forever.

  16. abubaqar says:

    June 27th, 2009 at 4:15 am

    forgive my ignorance but did not the so called civilized people from the west murder over a million in iran last time they came to give you iranians democracy and took it away when you already had it?

    people with foolish sense
    of values following the wolves in sheeps clothing from the west are deserving what they give as in pakistan when they murder over 800 innocents to kill 14 taliban!! is that what you foolish muslims are able to do that in the west?
    stop being idiotic and make your countrys strong instead of being mugs become learned and recognise the perversitys of your so called saviours who always supported every kind of tyranny and oppression in the world including under the shah of iran, another fool who lived in a fools paradise
    until his masters removed him from the west and yet he was called king of kings which is really Allahs name and no man should use it!

  17. Jennifer Chen says:

    June 28th, 2009 at 10:53 am

    So the UK government are a bunch of greedy power hungry thieves-and liars as well-attempting to have a good excuse for the evil of theft-That could be why you have crop circles–The Aliens have leave their mark on those with no chance of ever having souls-(crop circles) soon they will own all of you-because you have no souls (beasts). The people in power (Gov.) are just the bigger more grotesque examples of those they represent and lead-the Universe is very fair and just-especially to hose who are corrupt egotists who seek only inequity-false superiority-The more (money) you steal-the more you will eventually lose (what is of true value=souls). Very soon England will be under the Ocean anyway-have fun being the robot slaves of alien who are only here on a shopping spree-because you who enslave (Iran) have only succeeded in making yourselves slaves=you get back what you give.

  18. UK freezes $1.6 billion of Iran’s Assets « Therearenosunglasses’s Weblog says:

    July 1st, 2009 at 1:22 am

    [...] UK freezes $1.6 billion of Iran’s Assets 1 07 2009 UK freezes $1.6 billion of Iran’s Assets [...]

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