IRAN BREAKS ARMS RULES & SHIPS WEAPONS TO GAZA”!!
NIGERIA SEIZES 13 CONTAINERS OF LETHAL WEAPONS BOUND FOR GAZA!!!
DIFFERENT POINT OF VIEW by Monte Friesner >
Financial Crime Consultant for WANTED SA >
Tuesday November 02, 2010 >
WANTED SA has just learned this morning that the Government of Nigeria has reported that it seized and confiscated a shipment of thirteen (13) containers from an Iran vessel that arrived in Lagos, bound for the Palestinian Territory of Gaza containing rocket launchers, grenades and explosives.
These weapons are the latest shipment reputedly destined for Gaza. In March of last year, a weapons caravan said to be a delivery to Gaza was attacked and stopped by a military unit in Sudan.
Iran signed a Treaty with Hugo Chavez to fund and develop nuclear arms for Venezuela causing an alert to Central and South America.
These appear to be new routes for weapons intended for Gaza and assuming that others were probably not interdicted en route; the risk of future armed conflict may rise and with it country risk.
Compliance Officers and Risk Managers who are responsible for the calculation of country risk should evaluate this new information in the context of your current assessment of Gaza, and make a decision based upon all the facts known to you.
The facts and opinions stated in this article are those of the author and not those of WANTED SA. WANTED SA does not warrant the accuracy of any facts and opinions stated in this article; does not endorse them, and accepts no responsibility for them.