Article 6N94X UK bank Standard Chartered accused of helping to fund Iran and terrorists

UK bank Standard Chartered accused of helping to fund Iran and terrorists

by
Jane Croft
from US news | The Guardian on (#6N94X)

Lender denies whistleblowers' claim transactions worth $100bn were carried out in breach of sanctions

Whistleblowers have claimed Standard Chartered allegedly carried out billions of dollars of previously undetected transactions for Iran-linked entities and terrorist organisations, according to a New York court filing.

Two whistleblowers, who include a former executive at the British bank, filed a motion last week to set aside a judgment that dismissed an earlier lawsuit they filed, in an attempt to revive their efforts.

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