US sanctions Cuba's BICSA bank over alleged ties to an Iranian entity
First published Sat, Oct 17
Ruled paragraphs are attributed to the outlet named in them, not stated as established fact.
Washington announced a new round of sanctions against Cuba, this time targeting the Banco Internacional de Comercio de Cuba (BICSA). The bank is accused of maintaining links to an Iranian entity.123
The US Treasury's Office of Foreign Assets Control (OFAC) gave foreign parties less than 30 days to close their operations with BICSA.4
Attributed claim: Cuban state outlets framed the measure as a continuation of Washington's effort to strangle the island's economy, while France 24 centered its report on the bank's alleged Iranian ties.123
Separate coverage reported that the United States sanctioned more than 20 Cuban politicians and more than 30 Cuban companies.5
