Obama Administration Not Keen on Congressional Calls to Crack Down on Iran’s Central Bank


By Patrick Goodenough
November 10, 2011

Iran bank

Central Bank of Iran headquarters in Tehran (Photo: Wikimedia Commons)

(CNSNews.com) – Following the U.N. nuclear watchdog’s latest report on Iran, the Obama administration appears to be cool on some of the tougher steps members of Congress are proposing, such as bringing down the Central Bank of Iran.

Russia and China, meanwhile, look unlikely to withdraw their customary support for Tehran, complicating any attempt to strengthen U.N. sanctions.
The International Atomic Energy Agency (IAEA) said there was “credible” evidence that Iran carried out “activities relevant to the development of a nuclear device” as part of a “structured program” until the end of 2003 – when Iran is known to have dismantled some facilities – and that there were indications that some of those activities had continued after 2003 and “may still be ongoing.”
“The Agency is concerned because some of the activities undertaken after 2003 would be highly relevant to a nuclear weapon program,” it said.
Read More:http://cnsnews.com/news/article/obama-administration-not-keen-congressional-calls-crack-down-iran-s-central-bank

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