October 23, 2008  Rafael Correa, the president of Ecuador, has made sure in his new so called constitution, that Hezbollah, the FARC and any criminal is welcome in Ecuador, with new identities, safe haven and full citizenship rights with no questions asked. This includes sweetheart business deals, full transport and banking capacity. Correa calls this "helping the poor." We call this helping criminals hide criminal assets and launder ill gotten gains for evil purposes.
 
By partnering and welcoming the Russo-Iranian thugs, drug runners and criminal bankers, also called Lebanese money laundering actors- sometimes called Lebanese bankers- Ecuador has called itself a state sponsor of crime and terror in its own narcostate...."to help the poor." The poor are never, contrary to Correa's personal tales, helped through crime.
 
Here is the latest from the U.S. Treasury Department which notes that Iran's entire government is barred from moving its dirty, illicit money through offshore accounts and various sub-banking entities. Iran's growing number of  criminal banking partners helps Iran buy and sell weapons and move drugs and contraband. By partnering with Iran, Ecuador is a criminal partner in criminal acts.
 
Among the newly listed banks barred from international banking business, this public statement hastens to inform that Venezuela's  bank is directly banned, "Banco Internacional de Desarrollo, C.A. is a separate and distinct entity from Banco Interamericano de Desarrollo, known in English as the Inter-American Development Bank (IAD and Banco Desarrollo Economico y Social De Venezuela (BANDES), an entity owned by the Government of Venezuela." In other words, the IDB is not BANDES. But....BANDES is Chavez and Chavez is an Iranian partner as is Correa's Ecuador. One must conclude that doing business with Iran and Chavez only leads to dirty business. Nothing that Rafael Correa does confers legitimacy nor avoids the direct conclusion that Correa's partnering with the Russo-Iranian cartels plus Chavez is criminally ruinous.

U.S. Department of the Treasury
  
 October 22, 2008
HP-1231

Export Development Bank of Iran Designated as a Proliferator

Washington, DC--The U.S. Department of the Treasury today designated the Export Development Bank of Iran (EDBI) pursuant to Executive Order 13382 for providing or attempting to provide financial services to Iran's Ministry of Defense and Armed Forces Logistics (MODAFL).
"In response to international sanctions and the refusal of many responsible banks to do business with Iranian banks, Iran has adopted a strategy of using less prominent institutions, such as the Export Development Bank of Iran, to handle its illicit transactions." said Under Secretary for Terrorism and Financial Intelligence Stuart Levey. "Today's action exposes EDBI's role in helping Iran violate UN sanctions so that financial institutions around the world can take appropriate steps to protect themselves."

Established in 1991, the EDBI is an Iranian state-owned financial institution whose primary purpose is to serve Iran's import and export communities. In addition, the EDBI operates as the Iranian representative for the Islamic Development Bank, a multinational institution that cultivates economic and social improvements in member nations, in accordance with Islamic law. 

However, the EDBI provides financial services to multiple MODAFL-subordinate entities that permit these entities to advance Iran's WMD programs.  Furthermore, the EDBI has facilitated the ongoing procurement activities of various front companies associated with MODAFL-subordinate entities.

Since the United States and United Nations designated Bank Sepah in early 2007, the EDBI has served as one of the leading intermediaries handling Bank Sepah's financing, including WMD-related payments.  In addition to handling business for Bank Sepah, the EDBI has facilitated financing for other proliferation-related entities sanctioned under U.S. and UN authorities. 

Also designated today are three additional entities which were determined to be owned or controlled by or acting or purporting to act for or on behalf of, directly or indirectly, the EDBI. These entities are: the EDBI Stock Brokerage Company and the EDBI Exchange Company, both located in Iran, and Banco Internacional de Desarollo, C.A., a financial institution located in Venezuela.

These actions were taken pursuant to Executive Order 13382, an authority aimed at freezing the assets of proliferators of WMDs and their supporters, and at isolating them from the U.S. financial and commercial systems. Designations under E.O. 13382 are implemented by Treasury's Office of Foreign Assets Control, and they prohibit all transactions between the designees and any U.S. person, and freeze any assets the designees may have under U.S. jurisdiction.

Background on Entities Previously Designated Under E.O. 13382

In October 2007, the U.S. Department of State designated MODAFL pursuant to E.O. 13382.  MODAFL controls the Defense Industries Organization, an entity identified in the Annex to UNSCR 1737 and designated by the United States pursuant to E.O. 13382 on March 30, 2007.

MODAFL has ultimate authority over the Aerospace Industries Organization (AIO), an umbrella group that controls Iran's ballistic missile research, development and production activities and organizations, including the Shahid Hemmat Industrial group (SHIG) and the Shahid Bakeri Industrial Group (SBIG). AIO, SHIG and SBIG were named in the Annex to E.O. 13382; SHIG and SBIG were also listed in the Annex to UNSCR 1737. MODAFL has publicly stated that one of its major products is the manufacture of the Shahab-3 ballistic missile.

The Treasury Department designated Bank Sepah under E.O. 13382 in January 2007 for providing financial support and services to Iran's AIO, SHIG and SBIG.  Since at least 2000, Bank Sepah has provided a variety of critical financial services to Iran's missile industry, arranging financing and processing dozens of multimillion dollar transactions for AIO and its subordinates, including SBIG and SHIG.

Identifying Information

EXPORT DEVELOPMENT BANK OF IRAN

AKAs:                         EDBI

Bank Toseh Saderat Iran

Bank Towseeh Saderat Iran

Addresses:                  Tose'e Tower, Corner of 15 St., Ahmad Qasir Ave., Argentine Square, Tehran, Iran

No. 129, 21's Khaled Eslamboli, No. 1 Building, Tehran, Iran

Export Development Building, Next to the 15 Alley, Bokharest Street, Argentina Square, Tehran, Iran

C.R. No. 86936 (Iran)

All branches worldwide

EDBI STOCK BROKERAGE COMPANY

Address:                      Tehran, Iran

EDBI EXCHANGE COMPANY

Address:                      Tehran, Iran

BANCO INTERNACIONAL DE DESAROLLO, C.A.

Address:                      Urb. El Rosal, Avenida Francisco de Miranda, Edificio Dozsa, Piso 8, Caracas, Venezuela, C.P. 1060

Tax Identification:      RIF No. J294640109 (Venezuela) 

SWIFT/BIC No:         IDUNVECA

Note: Banco Internacional de Desarrollo, C.A. is a separate and distinct entity from Banco Interamericano de Desarrollo, known in English as the Inter-American Development Bank (IAD and Banco Desarrollo Economico y Social De Venezuela (BANDES), an entity owned by the Government of Venezuela.

-------------------
 

 
 
 
We at ECrisis say this: banking and finance in Ecuador is a criminal paradise where no crime goes punished, few crimes are known as crimes anymore, and any innocent group, such as Sr. Pinto and the Isaias family are falsely accused of crimes they did not commit. And yet the U.S. Department of State continues to welcome FARC criminals and their lobbyists, such as Correa cabinet member Larrea- who should never have been allowed inside U.S. air space for he belongs in prison as a FARC agent. But the Soros-imbued do drugs advocates inside the U.S. government and particularly the Pelosi-Reid-Dodd-Obama Congress of the United States is paid up to assist the Soros-FARC advocates and welcomes their criminal partnering.

On 10-22-08, CNN News reported, "One senior official told CNN that the victims' parents complained to U.S. consular officers in Ecuador that the Embassy did not do enough to warn Americans that many people have been attacked in Esmeraldas. The State Department's Web site advises caution when traveling to the northern border region of Ecuador, including Esmeraldas.

The travel advisory section notes that "U.S. government personnel are under limitations with respect to traveling alone and over-nighting in these areas due to the spread of organized crime, drug trafficking, small arms trafficking, and incursions by various Colombian terrorist organizations." The Web site says that since 1998, at least 10 U.S. citizens have been kidnapped and one killed near Ecuador's border with Colombia."

Wood on Tuesday expressed the State Department's "deep sympathy" for the victims and said the department worked with the victims' families to provide assistance." This story involves the brutal attacks on two ridiculously incompetent American tourists who actually believed that Ecuador was a reasonably wonderful place to visit, as it was not so long ago- before presidents Correa and Gutierrez destroyed all social frameworks by enabling crime with no punishment, today incorrectly called under the Correa-Chavez-Iranian constitution of Ecuador as "human rights"- the right of any criminal to act as he pleases.

But the U.S. Department of State still pours millions of U.S. dollars in to this criminal undertaking called the new FARC zone, previously called Ecuador, to promote its criminality and assist in its dirty money laundering. We know this because all Ecuadoreans representing the criminal FARC Kingpin Correa are freely welcomed inside the U.S. government, the White House, thanks to the utter incompetence of the NSC's Dan Fisk and no crime goes reported factually. The U.S. Department of State only expresses its sympathy when it gets caught with its own incompetence and refusal to be honest. Last summer, Correa released all drug runners and rapists from jail...free now to wonder around and cause more harm or, as the U.S. Embassy/U.S. Department of State  calls it, “destroy the oligarchy to help the poor." The Carter Center, upon payment of millions of U.S. tax payer dollars, fraudulently declared that Ecuador is a great democracy because, they soothed, Ecuador's new constitution solidifies the powers of government. And while it is true that the Bolivian Carter Center executive, last seen blessing the fraudulent recall referenda in Caracas in 2004 is a liar and useful idiot, we remind that Correa's so called constitution devotes the entire last half of its horrifying text to "solidifying governmental power" in to the hands of one man- Rafael Correa until 2017, following the ever charming total powers acts of Hugo Chavez and Evo Morales. There is no justice in Ecuador: only Correa's criminal cartels and anyone who tells you differently is a liar. Or a ninnyhammer or both.

So it is no surprise that the U.S. Embassy in Quito gets complaints from the near-dead idiots who pretended, as the U.S. Embassy does, that Ecuador is fabulous when it is not any more. But CNN news finds an obscure passage from the State Department web site which reminds that all is not well in the criminal kingdom of Correa..."due to the spread of organized crime, drug trafficking, small arms trafficking, and incursions by various Colombian terrorist organizations." And still that Embassy embraces and plays the embracing coy supplicant to Correa....hiding his criminality, refusing to state the facts about Ecuador and cloyingly dismissing all data about Ecuador as irrelevant plus barring any truth telling from Ecuador as "unpleasant" or..."too strong." Too strong on the truth gets idiot tourists as these young Americans in a near death coma and with incomprehensible gang rape. A lot more than "caution" is warranted for Americans in Ecuador because there is no law and order: there is only Correa and Correa is a criminal gang leader. Honesty matters and the U.S. Embassy in Quito has not been honest.

Besides, the government of Ecuador has been raping Americans for years, even with its theft of OCCIDENTAL's $5 billion in assets  and Chevron-Texaco's donation of environmental clean up monies, pretending that rape of persons and companies matters nothing because, as Correa and the U.S. Embassy have repeatedly stated, "Ecuador must remove all oligarchs"- whatever that means to these liars, as if this is some excuse for criminal adventuring. The U.S. Embassy in Quito, using State Department monies, pays for more liars and ninnyhammers to help build Correa's criminal cartel narcostate and that is a fact. It also slams the door in the face of any person who seeks to tell the truth about Ecuador. Moreover, while declaring in self defense for its own incompetence, we urge one and all to review the entire web site on Ecuador from the USA: it is chock full of lies and outdated meanderings as if Ecuador is a paradise on Earth. Ecuador is a paradise all right: a paradise for rapists, drug runners, money launderers, liars, thieves, the FARC [now called Hezbollah and more recently called Ecuadorean citizens], weapons running, illegal speculators and dirty bond traders, and manipulative Mamas who want you to know that dishonesty is above all else, Ecuador's family creed. We know this because there is, as yet, not one Ecuadorean left who acts or behaves with any integrity, insisting that one and all can manipulate their very lives. Until their persons are stabbed and raped and then maybe, just maybe, some little truth telling might emerge.

In fact, the parents of the near dead young American man and the brutally and savagely raped young woman were right to complain that the U.S. Department of State's outdated, outsourced, outmoded and out of this world incompetent web site on Ecuador is factually incorrect and inadequate for relaying the facts. Maybe they will join others in claiming wrongful death, murder, rape and theft because the USA refused to be honest about Ecuador. Then again, this is an Embassy that supports Correa's criminal theft of innocent U.S. companies because "this will help kill the oligarchs and help the poor." This crude lie must end. And that Embassy still forgets to state the facts that Ecuador just legalized drugs. legalized all crimes and gifts safe haven to all FARC, Hezbollah and their dirty money laundering, also called the Chavez ALBA and Banco del Sur [also called the FARC-Soros money laundering financing houses] banks, protected now they feel under UNASUR where no diplomacy is honest and all ethics are surreal. The U.S. Department of State says that it is sorry that these two tourists suffered such horror. To confirm any sincerity in this. State Department needs to fire its contractors who wrote their current web site on Ecuador, state the facts and act sensibly and honorably. To date, it refuses to do so. While human life due to State Department's incompetent romance with the Soros criminal cartel advocates in the Andes is cheap, we hold human life dearer and hope that all governments adopt the basic First Do No Harm approach to truth telling. By refusing to be honest, life is cheapened.

The message today is this: if you want to get raped and stabbed... a lot -come to Ecuador. If you are a businessperson who enjoys theft of assets and feel that your Board of Directors wants you to be incompetent and throw away your assets, come to Ecuador. It is today a fool's paradise for criminals. This is also called killing the oligarchy and helping the poor, a laughable pretense which is so debasing that its policy mouthorgans are in fact second degree perps. Ecuadoreans have a gift for you: a dream come true for manipulative and psychotic personages who will seriously tell you that all of life's tenants can be manipulated if you but try hard enough and never once stand for anything.

-Pedro Camargo for ECrisis