Standard Chartered, a British bank, has been accused of helping to fund terrorist groups through money laundering activities. Whistleblower claims suggest that the bank processed $100 billion in transactions that violated sanctions and were linked to terror groups, including Iran transactions. These allegations come despite the bank previously being shielded by the UK government for similar offences. The accusations have led to increased scrutiny, calls for tighter regulations, and highlighted boosts in executive pay amid ongoing UK deregulation.
Standard Chartered rocked by $100 billion terror group money laundering accusations https://t.co/ibJmpRTh8L
Standard Chartered rocked by $100 billion terror group money laundering accusations https://t.co/KdZEHhKhzK
Standard Chartered: UK bank accused of helping to fund terrorists https://t.co/bY9Q4B5KRe
Standard Chartered accused of helping to fund terrorists. Bank previously shielded by UK govt for money laundering offences, allegedly processed $100bn in sanctions busting and “terror groups” funding. Boosts profits, exec pay. UK continues deregulation https://t.co/WdV7dgRR3h
British bank accused of helping to fund terrorists https://t.co/I23Oz8LkvH
StanChart’s Iran transactions subject of fresh whistleblower claims https://t.co/DTaoAb8ZiJ