Tehran, May 19, The Iran Project – The second-ranked official at the International Monetary Fund said Iran must tackle problems in its banking system and bolster anti-money laundering and terrorism-financing laws if it wants to reconnect to the global economy, in supporting US policies toward Iran’s sanctions on banking system.
“Lenders here have to acknowledge that foreign banks will make decisions based on their assessments of risk management,” David Lipton, Managing Director Christine Lagarde’s deputy at the Washington-based lender stated.
He made the remarks in an interview with Bloomberg on Tuesday in Tehran.
Four months after so-called sanctions relief regarding Iran’s nuclear deal with world powers, European lenders have said doing business is risky while other U.S. trade restrictions remain in place.
Lipton, a former special assistant to U.S. President Barack Obama, said Iran must fix own banks to win overseas business, rejecting US role in European avoiding trade with the country.
“َUS aims to learn about the activities of Islamic Revolutionary Guard Corps (IRGC) and Resistance movement by putting tough restrictions on Iran’s banking system, IRGC is a state-organization, then US Army as well as CIA’s financial transactions should be available for all,” an informed source told The Iran Project.
“US Army supports terrorism in the Middle East, and IMF is a tool in the hands of US for preventing other independent states’ legal activities,” he added referring to Lipton’s remarks.
First Deputy Managing Director of the International Monetary Fund (IMF) David Lipton at the head of a delegation arrived in the capital Tehran for a two-day visit on Sunday. He’s the first IMF senior management official to visit Iran since the 1979 revolution, according to the Islamic Republic’s central bank.