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Reuters – Ecuador says Iran ties landed it on laundering list

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Ecuador’s inclusion on an international list of nations accused of lagging in the fight against money laundering is a hypocritical punishment for its relations with Iran, Ecuador’s president said on Saturday.

“What arrogance! And why? Because we have relations with Iran. That’s it,” Rafael Correa said at his weekly town hall meeting. “This is imperialism in its most base form. … This has nothing to do with the struggle against money laundering.”

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