Friday, May 25, 2012

Syria envoy says UN mission can't get bank account

(Reuters) - Syria's U.N. ambassador complained on Thursday that his mission is unable to open a U.S. bank account due to sanctions imposed on his country because of its 14-month assault on an opposition determined to oust Syrian President Bashar al-Assad.

Last year several U.S. banks suddenly closed the accounts of a number of diplomatic missions and foreign diplomats due to the high costs of monitoring financial activity to prevent money laundering and monetary support for terrorist activity.

Syrian U.N. Ambassador Bashar Ja'afari told the U.N. budget committee that because of the closure of his mission's accounts last year, it found a new bank in Washington.

"This new bank has now closed our accounts unexpectedly and the Syrian delegation is now without a bank account here in the host country," he said Read More