February 6, 2012 | Quote

Obama Freezes Iranian Government, Bank Assets in U.S.

Mark Dubowitz, executive director of the Foundation for Defense of Democracies, a Washington policy group that has advised the administration and Congress on sanctions, called Obama’s executive order the logical next step in the “administration’s economic war on the Iranian regime.”

Dubowitz, an attorney and sanctions specialist, said that freezing assets of Iran’s central bank and its government institutions, including the National Iranian Oil Company, makes them “subject to much tougher enforcement by the U.S. government and the global financial sector.”

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Issues:

Iran Iran Sanctions