The Telegraph
Subtopic iconFinance
Region iconLondon
Banking giants accused of links to Iranian money laundering

Banking giants accused of links to Iranian money laundering

HSBC and Standard Chartered have become embroiled in allegations of a multimillion-pound scheme to launder money for Iran, The Telegraph can disclose. The two British multinational banks are accused of “unwittingly” processing payments which it is claimed may be linked to a complex sanctions-evading conspiracy.

6h ago

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Banking giants accused of links to Iranian money laundering