Identifier
Created
Classification
Origin
07MANAMA306
2007-04-02 14:28:00
SECRET
Embassy Manama
Cable title:
BAHRAIN: USG CONCERNS ABOUT IMPLEMENTATION OF
how-toVZCZCXRO1880 OO RUEHDE RUEHDIR DE RUEHMK #0306 0921428 ZNY SSSSS ZZH O 021428Z APR 07 FM AMEMBASSY MANAMA TO RUEHC/SECSTATE WASHDC IMMEDIATE 6668 INFO RUEHZM/GULF COOPERATION COUNCIL COLLECTIVE PRIORITY RHMFISS/HQ USCENTCOM MACDILL AFB FL PRIORITY RHBVAKS/COMUSNAVCENT PRIORITY RUEATRS/DEPT OF TREASURY WASHDC PRIORITY RUCNDT/USMISSION USUN NEW YORK PRIORITY 0080
S E C R E T MANAMA 000306
SIPDIS
SIPDIS
STATE FOR NEA, ISN, EB
E.O. 12958: DECL: 04/02/2017
TAGS: PREL EFIN KNNP PARM BA IR REGION
SUBJECT: BAHRAIN: USG CONCERNS ABOUT IMPLEMENTATION OF
UNSCR 1747 WITH RESPECT TO BANK SEPAH
REF: A. STATE 40440
B. MANAMA 0155
Classified By: DCM Susan L. Ziadeh for reasons 1.4 (b) and (d).
S E C R E T MANAMA 000306
SIPDIS
SIPDIS
STATE FOR NEA, ISN, EB
E.O. 12958: DECL: 04/02/2017
TAGS: PREL EFIN KNNP PARM BA IR REGION
SUBJECT: BAHRAIN: USG CONCERNS ABOUT IMPLEMENTATION OF
UNSCR 1747 WITH RESPECT TO BANK SEPAH
REF: A. STATE 40440
B. MANAMA 0155
Classified By: DCM Susan L. Ziadeh for reasons 1.4 (b) and (d).
1. (S) Pol/Econ Chief April 2 delivered Ref A demarche
concerning implementation of UNSCR 1747 to MFA First
Secretary for International Organization Affairs Salah Al
SIPDIS
Malki. Al Malki was surprised to learn that Bank Sepah has a
relationship with Future Bank. He said he would immediately
distribute a note to members of the interministerial
committee dealing with sanctions and designations informing
them of the relationship and directing them to take measures
to implement fully the provisions of UNSCR 1747. He promised
to provide the Embassy with an update on GOB steps to halt
Bank Sepah banking activity in Bahrain, Future Bank steps to
halt Bank Sepah banking activity in Bahrain, including
freezing assets, and any asset flight following UNSCR 1747's
listing of Bank Sepah.
2. (S) EconOff April 2 also delivered Ref A demarche to
Central Bank of Bahrain (CBB) Superintendent of the
Compliance Directorate Bushra Al Haddad. Al Haddad said she
would consult with colleagues at the CBB and inform the
Embassy of GOB steps to freeze Bank Sepah's activities and
assets in Bahrain.
3. (S) Ministry of Interior Anti-Economic Crime
Directorate's Anti-Money Laundering Unit Director Captain
Bassam Al Miraj told visiting NEA/ARP Office Director Alan
Misenheimer in February that he had "checked and re-checked"
for any Bank Sepah holdings in Bahrain and had found none
(Ref B). However, it is possible that the checks did not
extend to possible correspondent accounts held at Future Bank.
********************************************* ********
Visit Embassy Manama's Classified Website:
http://www.state.sgov.gov/p/nea/manama/
********************************************* ********
MONROE
SIPDIS
SIPDIS
STATE FOR NEA, ISN, EB
E.O. 12958: DECL: 04/02/2017
TAGS: PREL EFIN KNNP PARM BA IR REGION
SUBJECT: BAHRAIN: USG CONCERNS ABOUT IMPLEMENTATION OF
UNSCR 1747 WITH RESPECT TO BANK SEPAH
REF: A. STATE 40440
B. MANAMA 0155
Classified By: DCM Susan L. Ziadeh for reasons 1.4 (b) and (d).
1. (S) Pol/Econ Chief April 2 delivered Ref A demarche
concerning implementation of UNSCR 1747 to MFA First
Secretary for International Organization Affairs Salah Al
SIPDIS
Malki. Al Malki was surprised to learn that Bank Sepah has a
relationship with Future Bank. He said he would immediately
distribute a note to members of the interministerial
committee dealing with sanctions and designations informing
them of the relationship and directing them to take measures
to implement fully the provisions of UNSCR 1747. He promised
to provide the Embassy with an update on GOB steps to halt
Bank Sepah banking activity in Bahrain, Future Bank steps to
halt Bank Sepah banking activity in Bahrain, including
freezing assets, and any asset flight following UNSCR 1747's
listing of Bank Sepah.
2. (S) EconOff April 2 also delivered Ref A demarche to
Central Bank of Bahrain (CBB) Superintendent of the
Compliance Directorate Bushra Al Haddad. Al Haddad said she
would consult with colleagues at the CBB and inform the
Embassy of GOB steps to freeze Bank Sepah's activities and
assets in Bahrain.
3. (S) Ministry of Interior Anti-Economic Crime
Directorate's Anti-Money Laundering Unit Director Captain
Bassam Al Miraj told visiting NEA/ARP Office Director Alan
Misenheimer in February that he had "checked and re-checked"
for any Bank Sepah holdings in Bahrain and had found none
(Ref B). However, it is possible that the checks did not
extend to possible correspondent accounts held at Future Bank.
********************************************* ********
Visit Embassy Manama's Classified Website:
http://www.state.sgov.gov/p/nea/manama/
********************************************* ********
MONROE