Tehran pulls $75 billion from EU banks UPDATE: before sanctions

Fearing expanded sanctions, Tehran pulled $75 billion from EU banks on the orders of President Mahmoud Ahmadinejad. The money was either wired back to Iran, transferred to Asian banks or converted into gold. The report in Shahrvand-e Emrouz stated that "About $75 billion of Iran's foreign assets which were under threat of being blocked were wired back to Iran based on Ahmadinejad's order.""Part