Investigation: Why did Iran register ships in the Isle of Man?

A BBC investigation has uncovered questions over whether Iranian ships have been registered in the Isle of Man to evade international sanctions.

Later this month Foreign Secretary William Hague and his EU counterparts are expected to release more details about the latest round of European sanctions aimed at halting Iran’s military machine and possible development of weapons of mass destruction.

But a File on 4 investigation has discovered questions over whether the Iranians have already sidestepped the international arms embargo, on the UK’s own doorstep by setting up companies in the Isle of Man to register ships for its fleet.

The Islamic Republic of Iran Shipping Line (IRISL) has been under increasing levels of international sanctions during the past two years for its part in smuggling nuclear technologies and ballistic missile parts as well as for running weapons to other groups allied to the regime in Tehran.

Thousands of miles away from the Gulf, on the Isle of Man, a tiny UK Crown Dependency in the Irish Sea which has its own laws and an ancient parliament, a local businessman has been involved in transferring the ownership of IRISL vessels into six companies he has helped to form.

via BBC News – Why did Iran register ships in the Isle of Man?.

Interesting. Very interesting.

3 comments on “Investigation: Why did Iran register ships in the Isle of Man?

  1. […] This post was mentioned on Twitter by AIC, Claudia. Claudia said: Investigation: Why did Iran register ships in the Isle of Man?: http://wp.me/pzviK-3XX […]

  2. I am glad to see that the sanctions against Iran are showing effects already, athough effects does not necessarily equal results. But to make sanctions really effective, they need to be extended to whoever continues to do business with Iran.

    • Claudia says:

      Yes, of course, Andreas. But Isle of Man is generally viewed as a tax haven, where firms pay no income tax. That means that there is no control over financial acivities. I guess that it’s not the only place in the world where this happens, considering the secrety seeked by Governments like Iran.

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