Guess That 'Dialogue' Isn't Working Too Well

Of all the naive ideas brought forth by Barack Obama, thinking we can negotiate and have dialogue with the Iranians may be the dumbest. If you needed any more evidence they're doing all they can to get nukes, look no further. Sure, let's go and disarm and allow this maniac to have nuclear weapons.

The Manhattan district attorney's office has smashed a sinister plot to smuggle nuclear weapons materials to Iran through unwitting New York banks, the Daily News has learned.

Officials plan to unseal a 118-count indictment Tuesday accusing a Chinese national of setting up a handful of fake companies to hide that he was selling millions of dollars in potential nuclear materials to Tehran.

"This case will cut off a major source of supply to Iran and it shows how they are going ahead full steam to get a nuclear bomb. Long-range missiles they pretty much have already," a law enforcement source close to the case said.

"We think it is one of the largest suppliers of weapons of mass destruction to Iran."

Experts say Iran, under the leadership of President Mahmoud Ahmadinejad, appears close to amassing enough nuclear material to make an atom bomb. A United Nations embargo bans Iran from acquiring the high-tech metals needed to make a long-range nuclear weapon a reality.

The indictment will outline the financial conspiracy behind 58 different transactions, including shipments of various banned materials from China to Iran between 2006 and late 2008.

More on the indictment.

A Chinese company and one of its employees were charged with misusing U.S. banks and aiding Iran’s acquisition of missile and nuclear technology, Manhattan District Attorney Robert Morgenthau said.

Morgenthau filed a 118-count indictment today against LIMMT Economic and Trade Co., and Li Fang Wei, a manager at the Dalian, China-based company. LIMMT is a major supplier of banned weapons to the Iranian military, Morgenthau said.

Between November 2006 and September 2008, LIMMT sent and received dozens of illegal payments through U.S. banks by using aliases and shell companies, according to a statement from Morgenthau’s office. He said that because LIMMT was prohibited from dealing with U.S. banks, transfers in its name would be banned.

By using aliases, LIMMT fooled U.S. banks into processing dozens of illegal transactions, Morgenthau said. “Our banks have high standards and sophisticated systems to stop these transactions, but this conduct was specifically designed to defeat their systems,” he said.

Some of the U.S. banks involved were Bank of New York Mellon Corp., Bank of America Corp. and JPMorgan Chase & Co., Morgenthau said.