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Switzerland & SK Release Frozen Iranian Funds.


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Here's an article of Dinarian interests...

More economic news suggests the GCR may be under way.

Treat as a rumor.  Not verified.  Your opine.



TNT  via  Harambe:     International Cooperation.

ARTICLE:  Frozen Iranian Assets Transferred to Swiss Bank – Tasnim News Agency (8/21/23) TEHRAN (Tasnim) – Iranian funds that had been blocked in South Korea were transferred to Switzerland’s central bank last week for transfer to Iran, South Korean media reported on Monday. 


Yonhap Infomax cited an unnamed currency market source as saying that the Swiss National Bank plans to exchange its $6 billion holdings in Won for Dollars & then Euros in the currency market.  According to the report, the Swiss central bank will convert about 300 billion Won ($223.85 million) to 400 billion each day for the next five weeks.


An official at South Korea’s finance ministry declined to confirm the report, citing the legal & diplomatic sensitivity of the matter.


The Iranian funds were illegally blocked in South Korea under the pretext of US sanctions, Press TV reported.


The United States, under former president Donald Trump, left 2015 deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), in May 2018 & reinstated the sanctions that the agreement had lifted.


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Here's another article related to the above...


TNT  via  Tishwash:    Corruption Is Not Just An Iraqi Problem.

ARTICLE:  Al-Sudani: The danger of corruption threatens all countries of the world Yesterday, Monday, Prime Minister Muhammad Shia Al-Sudani welcomed the signing of the joint declaration of intent to be concluded between the Iraqi & British Ministries of Interior.


A statement by the Prime Minister’s Media Office stated that Al-Sudani discussed, during his meeting with the British Minister of State for Security Affairs, Tom Tugendhat, bilateral relations between the two countries & ways to enhance bilateral cooperation in all fields, especially security & military& combating terrorism, as well as in the field of combating terrorism & corruption.


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