Identifier
Created
Classification
Origin
07ISLAMABAD2520
2007-06-06 10:45:00
SECRET
Embassy Islamabad
how-toVZCZCXRO6910 OO RUEHBC RUEHDE RUEHDIR RUEHKUK DE RUEHIL #2520 1571045 ZNY SSSSS ZZH O 061045Z JUN 07 FM AMEMBASSY ISLAMABAD TO RUEHC/SECSTATE WASHDC IMMEDIATE 9650 INFO RUEAWJA/DEPT OF JUSTICE WASHDC IMMEDIATE RHEHNSC/NSC WASHDC IMMEDIATE RUEATRS/DEPT OF TREASURY WASHDC IMMEDIATE RUCNIRA/IRAN COLLECTIVE RUEHKP/AMCONSUL KARACHI 6301 RUEHLH/AMCONSUL LAHORE 2523 RUEHPW/AMCONSUL PESHAWAR 0876
S E C R E T ISLAMABAD 002520
SIPDIS
SIPDIS
TREASURY FOR OTI -RLOEFFLER
E.O. 12958: DECL: 06/04/2017
TAGS: KNNP EFIN IR PK
SUBJECT: PAKISTAN'S ACTION ON BANK SEPAH
REF: A. STATE 60238
B. STATE 40440
S E C R E T ISLAMABAD 002520
SIPDIS
SIPDIS
TREASURY FOR OTI -RLOEFFLER
E.O. 12958: DECL: 06/04/2017
TAGS: KNNP EFIN IR PK
SUBJECT: PAKISTAN'S ACTION ON BANK SEPAH
REF: A. STATE 60238
B. STATE 40440
1. (U) Classified By: Economic Counselor Mary
Townswick for reasons 1.4 (b) and (d).
2. (S) On June 4 Econoff and POLOFF spoke with Kamran
Akhtar, Director, Disarmament Cell, Ministry of
Foreign Affairs, concerning Pakistan's action in
reference to Bank Sepah's (BS) and Bank Sepah
International's (BSI) 1747 designation (Ref A).
Akhtar stated that on March 25 the Ministry of Finance
sent instructions to all banks in Pakistan to freeze
any assets of BS and BSI. On April 3, the statutory
notification was published in The Gazette of Pakistan.
The banks reported back that there were no assets of
either of these organizations in Pakistan. Akhtar did
confirm Habib Bank Limited (HBL) and United Bank
Limited (UBL) had correspondent banking relations with
BS and BSI in order to facilitate fund transfers to
the Economic Cooperation Organization (ECO),
headquartered in Tehran; however, after the
designation of BS and BSI, they were instructed to
find a new bank through which to transfer funds.
BODDE
SIPDIS
SIPDIS
TREASURY FOR OTI -RLOEFFLER
E.O. 12958: DECL: 06/04/2017
TAGS: KNNP EFIN IR PK
SUBJECT: PAKISTAN'S ACTION ON BANK SEPAH
REF: A. STATE 60238
B. STATE 40440
1. (U) Classified By: Economic Counselor Mary
Townswick for reasons 1.4 (b) and (d).
2. (S) On June 4 Econoff and POLOFF spoke with Kamran
Akhtar, Director, Disarmament Cell, Ministry of
Foreign Affairs, concerning Pakistan's action in
reference to Bank Sepah's (BS) and Bank Sepah
International's (BSI) 1747 designation (Ref A).
Akhtar stated that on March 25 the Ministry of Finance
sent instructions to all banks in Pakistan to freeze
any assets of BS and BSI. On April 3, the statutory
notification was published in The Gazette of Pakistan.
The banks reported back that there were no assets of
either of these organizations in Pakistan. Akhtar did
confirm Habib Bank Limited (HBL) and United Bank
Limited (UBL) had correspondent banking relations with
BS and BSI in order to facilitate fund transfers to
the Economic Cooperation Organization (ECO),
headquartered in Tehran; however, after the
designation of BS and BSI, they were instructed to
find a new bank through which to transfer funds.
BODDE