Onerbank with Iranian capital sold for 5.1 mn euros in Belarus.

Onerbank with Iranian capital sold for 5.1 mn euros in Belarus.(TI).One hundred percent of Onerbank JSC was sold in Belarus for 5.1 million euros. The deal was registered on January 22 by the Belarusian Currency and Stock Exchange, BelTA reported.
Overall, 15 million shares of CJSC were sold. The shares were bought at a price exceeding their face value by 25.9 percent.
Onerbank JSC was established in October 2009 as a 100 percent foreign-owned bank. The company was founded by three private Iranian banks - Bank Refah Kargaran, Bank Saderat Iran, Bank Toseeh Saderat Iran / Export Development Bank of Iran. The authorized capital of the bank was initially equivalent to 11.5 million euros.
In 2010, the U.S. Treasury Department imposed sanctions on Onerbank JSC related to suspicion surrounding the involvement of the bank's Iranian founders in the financing of Iran's nuclear program. Another Belarusian bank created with Iranian capital, Trade Capital Bank CJSC, was struck by U.S. sanctions. Its main shareholder is the Iranian Bank Tejarat, which accounts for 99.89 percent of ownership.Hmmmm.....A country that's near bankruptcy buying a bank for more then it's worth?Read the full story here.

Related: "Birds of a Feather" - Iran, Belarus Agree to Increase Economic Cooperation.

Belarusian PM Urges Development of Ties, Cooperation with Iran
Introducing President for life Lukashenko a.k.a. "The Last Sovjet era Dictator". Lukashenko quote:“Trade between Belarus and Iran is much lower than it could be. It is absolutely inadmissible to leave it at the current level.”The announcement that the former Soviet republic of Belarus still has a stockpile of weapons-grade uranium it has apparently kept since it was part of the Soviet Union was made on Wednesday, April 14 - 2010, during Lukashenko’s working visit to Gomel Region.

“I will tell you the truth: We have kept highly enriched uranium – hundreds of kilograms of what is basically weapons-grade and lower-enriched uranium,” “I’ve been told by some: Move this uranium [out of the country]. To America, if you like. We’ll pay you. Or to Russia. I say, first off, why are you dictating us [what to do]? This is our commodity. We are keeping it under the control of the [International Atomic Energy Agency]. We are not going to make dirty bombs and we are not going to sell it to anybody. We’re using it for research purposes, is all.”If one were to believe Lukashenko’s say-so and assume that Belarus is in fact in possession of some 100 to 200 kilograms of weapons-grade uranium, one would have to admit this would be enough to produce a number of nuclear weapons. Making a more precise estimate would be a challenge since there is no information on the level of enrichment. Weapons-grade uranium with an enrichment level of 85 percent has a critical mass of around 50 kilograms. The “Little Boy” bomb dropped by the US on the Japanese city of Hiroshima on August 6, 1945, contained 64 kilograms of uranium enriched to a degree of 80 percent.
If, indeed, what Belarus has is weapons-grade Uranium-235 with an enrichment level of over 80 percent, then Minsk could start assembling nuclear bombs any time it wanted. The so-called “gun assembly” method for achieving supercriticality in a nuclear weapon – one piece of fissile uranium is fired at a fissile uranium target at the end of the weapon, similar to firing a bullet down a gun barrel – is simpler than the “implosion” technology, where a fissile mass of either Uranium-235 or Plutonium-239, or a combination, is surrounded by high explosives that compress the mass, resulting in criticality. If Belarus has the fissile material to stuff a bomb with, making the weapon will not be too difficult a challenge. One hopes, therefore, that the Belarusian leader will not fail to respect the Constitution of his country, which states that Belarus is a non-nuclear state.Then there’s matter of the uranium’s value, which deserves a separate discussion. One could take as a starting point the price of Russian highly enriched uranium, which, judging by information from various sources, was around $24,000 per one kilogram at the time the HEU- LEU (low-enriched uranium) agreement was signed between Russia and the United States.
The HEU-LEU agreement – or “Megatons to Megawatts,” as it is also known – is a programme via which the United States purchases highly enriched weapons-grade uranium that has been down-blended to low-enriched uranium for use in US commercial reactors. The 20-year programme was founded in 1994 between Russia and the United States Enrichment Corporation (USEC), the country’s primary nuclear fuel producer. The programme’s total value will be about $12 billion by the time it is completed in 2013
Based on these estimates, Belarus could get $2.4 million for a hundred kilograms of its highly enriched uranium. Black market prices could obviously be several times as high.
Lukashenko’s reference to Belarusian HEU as a “commodity” was therefore not an accident. If it is indeed fresh, not spent, nuclear fuel and it is suitable for use in research or experimental reactor models, then the material has substantial commercial value attached to it.Source.

Last year on very short interval both Belarus and Iran visited Quatar and declared more 'cooperation' between each other.
At the fall of the sovjet union the in Belarus stationed nuclear weapons were removed by Russia shortly after Lukashenko threathened to use them against the West.