International
TERRORISM: UAE freezes accounts of 9 Iranians & firms
The accounts and assets of nine Iranian individuals and entities in the United Arab Emirates (UAE) have been frozen by authorities in the country.
According to UAE Securities and Commodities Authority, companies were ordered to identify and freeze the accounts of the Iranian individuals and entities for their links with terrorists and terrorist organisations.
“Uniting (our) efforts is the correct path for Iran to realize the futility of its incursions and expansionism,” UAE Minister of State for Foreign Affairs Anwar Gargash wrote on his official Twitter account in May, several hours after a policy speech on Iran by US Secretary of State Mike Pompeo.
“The Pompeo strategy requires wisdom and a change of the Iranian compass,” Gargash added.
Read also: Trump orders speedy deportation of illegal migrants
Reports say had placed the nine individuals and entities on the list for suspected connections with Iran’s elite Revolutionary Guards after the United States did the same.
The move by the UAE is coming hours after a campaign to reduce Iran’s oil earnings to zero was launched by President Donald Trump’s administration.
According to reports, the US State Department has spelled out a campaign of “maximum economic and diplomatic pressure” to drive Iran towards negotiating a “better” deal to replace the Iran nuclear deal.
Sources say Washington’s goal is to get as many countries as possible down to zero Iranian oil imports.
Brian Hook, the State Department Director of Policy Planning while fielding questions from newsmen said Iran is not a “normal” country and must meet 12 demands in order to be relieved of US sanctions.
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