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U.S. citizens affected by U.S. government sanctions on countries

DepartTesoro-EEUU
Havana, Feb 22 (Prensa Latina) Cuban press reports reflect that U.S. sanctions against alleged enemy nations mainly affect the finances of its citizens.

The digital media Cubadebate, sentences that a new report published in Bloomberg reveals the consequences of the growth of financial sanctions used by Washington to punish its global enemies, on the finances of thousands of U.S. citizens.

According to the analysis, U.S. banks are increasingly reluctant to conduct transactions with clients linked to countries affected by the restrictions for fear of huge fines from regulators.

The banks claim that they are not discriminating, and argue that regulators are sending mixed messages about complex and frequently changing restrictions.

The article gives the example of Shahbaz Salehi, a US citizen of Iranian origin, who was unable to transfer to the US the money he inherited after his father’s death due to the sanctions imposed by Washington against Iran.

This occurred despite ensuring compliance with the Treasury Department’s guidelines, the media outlet stresses.

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