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something is seriously wrong with these 2 news
SINGAPORE - US sanctions against Singapore oil trader Kuo Oil Pte Ltd are "unilateral" and "above and beyond" the curbs agreed on by the United Nations Security Council, Singapore's foreign ministry said late yesterday.
The United States imposed sanctions on Thursday on Kuo Oil, China's state-run Zhuhai Zhenrong Corp and United Arab Emirates-based FAL Oil Co Ltd as part of a broadening effort to target Iran's energy sector and persuade Tehran to rein in its nuclear ambitions.
The US action means Kuo Oil will not be allowed US export licenses, US Export Import Bank financing or loans over US$10 million ($12.9 million) from US financial institutions.
"This is domestic US legislation and these are unilateral sanctions imposed by the US on individuals and companies for their dealings with Iran, which are above and beyond the sanctions imposed by the United Nations Security Council (UNSC), which are mandatory on all UN members," Singapore's foreign ministry said in a statement.
"At this juncture, we do not have sufficient information to comment on the specific case at hand. However, in general we are not in a position to enforce the laws of other countries."
Singapore, a major Asian oil trading centre, is a staunch US ally and has sent troops to Afghanistan in support of American forces there. US aircraft carriers regularly visit the Southeast Asian city-state for supplies.
According to Singapore's Business Times newspaper, family-run Kuo Oil is one of the city-state's largest fuel oil traders.
It is headed by Peter Fu junior, the brother-in-law of influential businessman Ong Beng Seng whose business empire ranges from hotels to running the city-state's annual Formula One night race.
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U.S. justice officials on Tuesday charged four Singaporeans and one Iranian with fraudulently exporting radio equipment to Iran that subsequently ended up in roadside bombs in Iraq.
At least 16 radio antennas were found in unexploded improvised explosive devices (IEDs) in Iraq, the U.S. Justice Department said in a statement, noting that the Iranian suspect in the case is still at large.
The indictment said thousands of antennas were meant to be exported from the United States to Iran, and in addition to the four Singaporeans, four companies from the Asian city state had been charged in the alleged plot.
Admiral Mike Mullen, then the top U.S. military officer, said in July that Iran was stepping up its support for Shiite militants in Iraq, supplying them with more sophisticated weapons that were being used against American forces.
“Yesterday, authorities in Singapore arrested Wong Yuh Lan (Wong), Lim Yong Nam (Nam), Lim Kow Seng (Seng), and Hia Soo Gan Benson (Hia), all citizens of Singapore, in connection with a U.S. request for extradition,” the justice department statement said.
“The United States is seeking their extradition to stand trial in the District of Columbia,” where the U.S. capital Washington is located.
“The remaining individual defendant, Hossein Larijani, is a citizen and resident of Iran who remains at large,” it added.
Assistant Attorney General for National Security Lisa Monaco said the defendants had attempted to subvert export controls by sending U.S.-origin components to Iran rather than their stated destination of Singapore.
“Ultimately, several of these components were found in unexploded improvised explosive devices in Iraq,” she said.
“This case underscores the continuing threat posed by Iranian procurement networks seeking to obtain U.S. technology through fraud and the importance of safeguarding that technology.”
U.S. Attorney Ronald Machen said the defendants misled US companies in buying parts that ended up in IEDs on the battlefield in Iraq. “We hope for a swift response from Singapore to our request for extradition,” he added.
U.S. officials regularly accuse Iran of meddling in the politics of Baghdad’s Shiite-led government, and training and backing militant groups that target U.S. troops in the south of Iraq.
Analysts have voiced concern that Tehran’s ability to interfere could increase as a result of President Barack Obama’s announcement last week that all U.S. troops will be pulled out of Iraq by the end of this year.
SINGAPORE - US sanctions against Singapore oil trader Kuo Oil Pte Ltd are "unilateral" and "above and beyond" the curbs agreed on by the United Nations Security Council, Singapore's foreign ministry said late yesterday.
The United States imposed sanctions on Thursday on Kuo Oil, China's state-run Zhuhai Zhenrong Corp and United Arab Emirates-based FAL Oil Co Ltd as part of a broadening effort to target Iran's energy sector and persuade Tehran to rein in its nuclear ambitions.
The US action means Kuo Oil will not be allowed US export licenses, US Export Import Bank financing or loans over US$10 million ($12.9 million) from US financial institutions.
"This is domestic US legislation and these are unilateral sanctions imposed by the US on individuals and companies for their dealings with Iran, which are above and beyond the sanctions imposed by the United Nations Security Council (UNSC), which are mandatory on all UN members," Singapore's foreign ministry said in a statement.
"At this juncture, we do not have sufficient information to comment on the specific case at hand. However, in general we are not in a position to enforce the laws of other countries."
Singapore, a major Asian oil trading centre, is a staunch US ally and has sent troops to Afghanistan in support of American forces there. US aircraft carriers regularly visit the Southeast Asian city-state for supplies.
According to Singapore's Business Times newspaper, family-run Kuo Oil is one of the city-state's largest fuel oil traders.
It is headed by Peter Fu junior, the brother-in-law of influential businessman Ong Beng Seng whose business empire ranges from hotels to running the city-state's annual Formula One night race.
-----------------------------------------------------
U.S. justice officials on Tuesday charged four Singaporeans and one Iranian with fraudulently exporting radio equipment to Iran that subsequently ended up in roadside bombs in Iraq.
At least 16 radio antennas were found in unexploded improvised explosive devices (IEDs) in Iraq, the U.S. Justice Department said in a statement, noting that the Iranian suspect in the case is still at large.
The indictment said thousands of antennas were meant to be exported from the United States to Iran, and in addition to the four Singaporeans, four companies from the Asian city state had been charged in the alleged plot.
Admiral Mike Mullen, then the top U.S. military officer, said in July that Iran was stepping up its support for Shiite militants in Iraq, supplying them with more sophisticated weapons that were being used against American forces.
“Yesterday, authorities in Singapore arrested Wong Yuh Lan (Wong), Lim Yong Nam (Nam), Lim Kow Seng (Seng), and Hia Soo Gan Benson (Hia), all citizens of Singapore, in connection with a U.S. request for extradition,” the justice department statement said.
“The United States is seeking their extradition to stand trial in the District of Columbia,” where the U.S. capital Washington is located.
“The remaining individual defendant, Hossein Larijani, is a citizen and resident of Iran who remains at large,” it added.
Assistant Attorney General for National Security Lisa Monaco said the defendants had attempted to subvert export controls by sending U.S.-origin components to Iran rather than their stated destination of Singapore.
“Ultimately, several of these components were found in unexploded improvised explosive devices in Iraq,” she said.
“This case underscores the continuing threat posed by Iranian procurement networks seeking to obtain U.S. technology through fraud and the importance of safeguarding that technology.”
U.S. Attorney Ronald Machen said the defendants misled US companies in buying parts that ended up in IEDs on the battlefield in Iraq. “We hope for a swift response from Singapore to our request for extradition,” he added.
U.S. officials regularly accuse Iran of meddling in the politics of Baghdad’s Shiite-led government, and training and backing militant groups that target U.S. troops in the south of Iraq.
Analysts have voiced concern that Tehran’s ability to interfere could increase as a result of President Barack Obama’s announcement last week that all U.S. troops will be pulled out of Iraq by the end of this year.
