WILL THE USE OF CITIZENSHIP BY INVESTMENT PASSPORTS FOR TERRORIST FINANCING BY IRANIANS NOW BE EXPOSED?

War often reminds us that the Law of Unintended Consequences is alive and well. One of the relatively unknown loopholes of the global sanctions imposed upon Iran by the Western democracies is the nasty little detail that several Eastern Caribbean CBI programs formerly allowed Iranian nationals to acquire economic passports that they offered, notwithstanding the sanctions, so long as they represented that they resided outside of the Islamic Republic. You can obviously see that this exception is broad enough for enterprising Iranian terrorist financiers to literally drive a truck through, and secure that valuable proof of identity from a very low-risk jurisdiction.

Long-time readers of my articles will recalls that the Iranian owner of the notorious money laundering PILATUS BANK of Malta, as well as the bank's CEO, held SKN and Dominica passports, and those passports were used to open accounts in Swiss banks. We can only guess how many of the Iranians holding CBI passports from Saint Kitts, Antigua, Dominica, Saint Lucia and Grenada employed them for terrorist financing operations. The question now becomes, should this evidence now surface as one of the results of the current war between Israel and Iran, will Caribbean CBI and CIP agency officials find themselves personally liable for Providing Financial Support to a Designated Terrorist organization, under the United States Code, and will they be charged?