An Iranian man caught by authorities “trying to enter Germany with a check worth about $70 million” is the chairman of a suspicious Venezuelan bank that is wholly owned by Iran’s black-listed Saderat Bank. Even as U.S. diplomats rush to normalize relations with Caracas, this incident is tangible evidence of the money-laundering machine established by Iran in Venezuela.
German authorities confiscated a check for 300 million Venezuelan bolivars (equivalent to about $70 million) that Tahmasb Mazaheri failed to declare as he cleared customs upon arrival at Düsseldorf airport from Turkey on January 21. The incident is being investigated as a money-laundering scheme, according to the German media. Mazaheri has been identified in media reports as the former chief of Iran’s Central Bank, a post that he held since 2008. Few if any of the media reports on the incident disclosed that Mazaheri has been a director of Venezuela’s Banco Internacional de Desarrollo (BID) since its ... Read More