U.S. Rep. Ileana Ros-Lehtinen (R-FL), Chairman of the House Foreign Affairs Committee, is seeking further information on potential illegal activates by ING Group, an international financial firm. In separate letters to U.S. Treasury Secretary Timothy F. Geithner and ING Group Executive Board Chairman Jan H.M. Hommen, Ros-Lehtinen has requested all pertinent information regarding ING activities relating to Iran, Cuba, or any other U.S.-designated state-sponsor of terrorism.
"It is critical to ascertain what violations may have been committed by ING in its dealings with the Cuban and Iranian regimes, specifically the nature and volume of any transactions.
"If ING is determined to be in violation of U.S. laws targeting state-sponsors of terrorism, the punishment should be stringent, and should send a message to other financial institutions that such activities will not be tolerated.
"Treasury takes seriously its obligations to counter terrorist financing and hold violators to account. I am eager to work with the Treasury Department and my colleagues on the House Financial Services Committee to investigate this important matter."