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Stop NY Fed Transfer of North Korean $25 Million |
3 Signatures |
Published by Joseph Hong on Jun 13, 2007
Closed on Jun 14, 2007
Closed on Jun 14, 2007
Category: Government
Region: United States of America
Target: Lee Bollinger, President of Columbia University and Class C Director for NY Federal Reserve Bank
Result:
This petition is now closed.
Description/History:
The Six-Party denuclearization talks with North Korea halted earlier this year, because the US froze $25 million of accounts in Banco Delta Asia in Macau. The funds were frozen by the US Treasury Department because the funds in the accounts were believed to be obtained by counterfeiting US currency and other illicit activities.
So far, the Bank of China and Wachovia Bank have declined requests from the US State Department to transfer these funds back to North Korea.
State's newest request is for the Federal Reserve Bank of New York to transfer the funds back to North Korea. Lee Bollinger is a Class C director on the board of directors.
Apart from aiding a regime that is one of the world's most egregious human rights violators, the Federal Reserve Bank of New York transfer would also be in violation of: Section 311 of the USA Patriot Act, United Nations Security Council Resolution 1718, and Sections 1956-1957 of US Criminal Code, Title 18.
So far, the Bank of China and Wachovia Bank have declined requests from the US State Department to transfer these funds back to North Korea.
State's newest request is for the Federal Reserve Bank of New York to transfer the funds back to North Korea. Lee Bollinger is a Class C director on the board of directors.
Apart from aiding a regime that is one of the world's most egregious human rights violators, the Federal Reserve Bank of New York transfer would also be in violation of: Section 311 of the USA Patriot Act, United Nations Security Council Resolution 1718, and Sections 1956-1957 of US Criminal Code, Title 18.
Petition:
We the undersigned call for President Lee Bollinger to oppose the transfer of North Korea's $25 million through the Federal Reserve Bank of New York.
Apart from aiding a regime that is one of the world's most egregious human rights violators, the Federal Reserve Bank of New York transfer would also be in violation of: Section 311 of the USA Patriot Act, United Nations Security Council Resolution 1718, and Sections 1956-1957 of US Criminal Code, Title 18.
We strongly urge that the Federal Reserve Bank of New York follow the example of Wachovia Bank, and decline the US State Department's request to transfer these funds.
Apart from aiding a regime that is one of the world's most egregious human rights violators, the Federal Reserve Bank of New York transfer would also be in violation of: Section 311 of the USA Patriot Act, United Nations Security Council Resolution 1718, and Sections 1956-1957 of US Criminal Code, Title 18.
We strongly urge that the Federal Reserve Bank of New York follow the example of Wachovia Bank, and decline the US State Department's request to transfer these funds.
The Stop NY Fed Transfer of North Korean $25 Million petition to Lee Bollinger, President of Columbia University and Class C Director for NY Federal Reserve Bank was written by Joseph Hong and is hosted free of charge at GoPetition.
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