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Senate Follows House in Passing Measure Against Companies That Aid Iran
By Colby Adams
printThe Senate Banking Committee Thursday unanimously approved legislation that would enable the White House to impose fresh sanctions against companies that import refined petroleum to Iran. The Comprehensive Iran Sanctions, Accountability and Divestment Act of 2009, introduced by Chairman Christopher Dodd (D-CT), would hold companies responsible for subsidiaries they use to avoid Iran sanctions. The potential sanctions are intended to be a punitive measure against the Islamic republic for allegedly building a nuclear weapons program. "The bill facilitates divestment from firms working in Iran's energy sector and addresses the growing black market in dual use technologies going to Iran from...
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