U.S. dismissed evidence key U.K. financial institution was assisting fund sanctioned Iranian teams, whistleblower suggests

Key Points

London-based mostly Regular Chartered, which primarily serves clientele in rising marketplaces, was previously punished with extra than $1.7 billion in fines right after admitting in 2012 and 2019 to violating sanctions on Iran and other blacklisted nations around the world.
The lender denies that it ran transactions for any companies specified as terrorists.
Court docket filings delivered by former Typical Chartered Financial institution (SCB) staff turned whistleblower Julian Knight assert that U.S. officials lied by denying that Knight delivered them with evidence of far bigger wrongdoing by the lender.

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Finance

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Finance

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Finance

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