StanChart 'laundered $100bn for terror groups'
Evening Standard|June 04, 2024
FTSE 100 bank Standard Chartered was rocked today by fresh whistleblower allegations that it was involved in transactions worth $100 billion, which financed some of the world's most notorious terrorist groups.
Michael Hunter
StanChart 'laundered $100bn for terror groups'

The claims, made in US court papers, relate to thousands of transactions between 2008 and 2013 and allege that sanctions against Iran were broken.

They include foreign exchange deals worth about $9.6 billion involving people or companies that the US government linked with funding Hamas, Hezbollah, the Taliban and al Qaeda.

The whistleblowers claim that the transactions at the centre of the latest allegations were found after they re-examined material previously sent to US authorities in 2012.

They are seeking to revive the case, which ended in Standard Chartered paying $227 million for breaking US law by moving millions of dollars for groups in Iran and other countries when under sanctions. The bank's settlement allowed it to avoid criminal charges.

Diese Geschichte stammt aus der June 04, 2024-Ausgabe von Evening Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der June 04, 2024-Ausgabe von Evening Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS EVENING STANDARDAlle anzeigen
Kylie Minogue loves the bar at Louie, startling Beefeaters and snooping in The Conran Shop
The London Standard

Kylie Minogue loves the bar at Louie, startling Beefeaters and snooping in The Conran Shop

Currently it’s largely suitcase-based as I’ve been doing so much travel for work, but Melbourne, Australia, is home.

time-read
3 Minuten  |
December 12, 2024
Are Spurs willing to invest what it takes to win trophies?
The London Standard

Are Spurs willing to invest what it takes to win trophies?

Criticism of the manager for the club's struggles misses the point-whatever he says, he's not been given a squad ready to push for the biggest honours

time-read
3 Minuten  |
December 12, 2024
Crowning glory awaits Britain's golden girl
The London Standard

Crowning glory awaits Britain's golden girl

Odds-on favourite to win BBC Sports Personality, Keely Hodgkinson never doubted she was ready to conquer the world

time-read
6 Minuten  |
December 12, 2024
Residents at war over £10 billion 'Shanghai-style' Earl's Court plan
The London Standard

Residents at war over £10 billion 'Shanghai-style' Earl's Court plan

Controversial proposals are causing a huge furore in west London

time-read
4 Minuten  |
December 12, 2024
The secrets of selling the capital's £40m homes
The London Standard

The secrets of selling the capital's £40m homes

Armed security, NDAs, a gold temple...inside the world of ultra high-end property deals

time-read
4 Minuten  |
December 12, 2024
Jenny Packham on Amsterdam why is truly magical at Christmas time
The London Standard

Jenny Packham on Amsterdam why is truly magical at Christmas time

The designer gets lost in the cobbled streets and is entranced by the city’s twinkling lights and unique spirit

time-read
3 Minuten  |
December 12, 2024
Alfies Antique Market
The London Standard

Alfies Antique Market

Here is a place to blindly lose oneself in a labyrinth of staircases and thresholds.

time-read
3 Minuten  |
December 12, 2024
Decline and fall: what comes after peak wellness?
The London Standard

Decline and fall: what comes after peak wellness?

The social elite are obsessed with devices that track their health but the backlash is building

time-read
2 Minuten  |
December 12, 2024
The newest AI can arrange your holiday- but will it be a strictly woke one?
The London Standard

The newest AI can arrange your holiday- but will it be a strictly woke one?

A lightning-quick artificial megabrain with an appetite for social justice? WILLIAM HOSIE has a chat with Claude Al

time-read
4 Minuten  |
December 12, 2024
'Fame just isn't healthy
The London Standard

'Fame just isn't healthy

Mercury Prize-winning band English Teacher on the pressure of success, trying not to burn out and the challenges black women face in indie music

time-read
5 Minuten  |
December 12, 2024