Mark Kirk: “Three blocks from our White House, the World Bank is subsidizing the administration of Iranian President Mahmoud…”

“Three blocks from our White House, the World Bank is subsidizing the administration of Iranian President Mahmoud Ahmadinejad. Last year the World Bank cut a $220 million check to the Government of Iran. After two U.N. sanctions, the World Bank paid another $50 million to Iran in August. According to the bank, they have another $820 million on the way. World Bank funding is paid through Iran's Bank Mali, which the U.S. Government has now found to be a conduit for terrorist financing. Over $5 million of World Bank funds are now frozen in Bank Mali's accounts. It is hard enough for the United Nations to sanction a country, but it has now sanctioned Iran twice. That united voice of the United Nations should not be undercut by a $800 million check in funding by the World Bank to Iran.”