US Treasury concerned about Iran-N Korea bank links

WASHINGTON, Jan 9 (Reuters) The US Treasury's top anti-terrorism official said today he is concerned about the development of financial and banking links between Iran and North Korea, which might help spread missile technology and other weapons of mass destruction.

In naming Iran's state-owned Bank Sepah as a weapons proliferator and banning all US transactions with it, the Treasury said the bank had facilitated business between Iran's Aerospace Industries Organization and KOMID, North Korea's chief ballistic missile-related exporter.

Stuart Levey, treasury undersecretary for terrorism and financial intelligence, said he was concerned about further financial links developing.

''We're concerned about these kinds of links between North Korean poliferators and Iranian proliferators and the financial intermediaries that might be handling that business. That's something that we're quite concerned about,'' he said.

REUTERS BDP BST2306