MJ Martin (14 Aug 2007)
"Bankrolling Iran"


http://www.washingtonpost.com/wp-dyn/content/article/2007/08/09/AR2007080901929.html
 
As the Treasury acts to dry up funding for Tehran, the World Bank is providing support to the Iranian government through 2010. As President Mahmoud Ahmadinejad pledges the destruction of Israel, funds Hezbollah and Hamas, and defies Security Council resolutions, the bank's board will approve further Iran disbursements. U.S. law requires the American executive director at the bank to vote against any project for the Iranian government. However, since the United States has no veto power on the bank's board, this policy is largely symbolic. We need to do better.