March 5, 2010
Amid US calls for punitive action against Iran, a congressional report finds that Washington’s poor record-keeping and outdated data filing will prove any US sanctions against Iran ineffective.
- A d v e r t i s e m e n t
According to the latest findings of the US Government Accountability Office (GAO), the Treasury Department’s lack of “complete and timely export licensing information” is impeding the enforcement of export restrictions against Iran over its nuclear program.
In light of this, GAO urges the Treasury to review its reliance on paper-based information systems that cannot be searched to identify licenses for the export of goods to Iran.
“Treasury’s information systems weaken the ability of the government to assess compliance with Iran sanctions,” maintained GAO, which is widely regarded as the investigative arm of the Congress.