Germany - Merkel Investigates Iran €300 Million Cash Transfer Demand
The German government of Chancellor Angela Merkel is stuck between a rock and a hard place as it appears the Iranian Mullahs want to fly out €300 million (in cash) from an Iranian-German bank in Hamburg to Teheran as the American withdrawal from the Iran nuclear deal has sent their currency in doldrums and their government members are desperate for foreign cash.
The biggest German newspaper Bild reported the story yesterday for the first time and since then many conservative politicians have been asked by the press whether they would approve the transfer to take place.
The money in question is currently being held by the European-Iranian Trade Bank (a company owned by the Iranian state), which is registered in Hamburg with the German central bank, the Bundesbank, and therefore the German government can block it should it deem such a transfer ‘suspicious.’
The US Ambassador to Germany, Mr. Richard Grenell, stated to the German press that President Donald Trump would be ‘very concerned’ should such a cash money transfer take place at this time and he, therefore, called upon the German government ‘to intervene and stop the plan.’
Read more here:
https://thegoldwater.com/news/30847-Germany-Merkel-Investigates-Iran-300-Million-Cash-Transfer-Demand