Bank of China is being sued for cooperating with and wiring money for Hamas and Iran, resulting in terrorist attack and death. The complaint states that the Chinese government was informed but the wiring continued
Frauds
German bank reports potential breaches of U.S. sanctions on Iran
Several fuel vessels were temporarily arrested in Singapore towards the end of last month on suspicion of breaching US sanctions on Iran
Billions of dollars keep vanishing in Iran
The Iranian minister of health and medical education, Saeed Namaki, has a big problem with Twitter. In an interview with the Iranian Labor News Agency, he claimed that his opponents pay $4,000 for each tweet critical of him and the Health Ministry
Regime interest in bitcoin should have the world concerned
Some observers have warned that cryptocurrencies could be used to bypass the Trump administration’s sanctions targeting Iran over its unraveling nuclear deal with world powers
Weir group (Germany) supports Basra port management (Iraq) to aid Tehran export oil and bypass US sanctions
Weir group – Germany supports Basra port management Iraq to aid Tehran export oil and bypass US sanctions. Weir group supports Iranian regime to avoid US sanction in Iraq and various other territories
Media in Iran report corruption case in Oil ministry
A financial director at the Iran’s oil ministry was arrested on Wednesday, June 19, while trying to take $25 million out of the country, the Islamic Revolution Guards Corps (IRGC)-run Tasnim news agency reported
World leading state-sponsor of terrorism has lied to global financial policymakers
Iran, the world’s leading state-sponsor of terrorism, has lied to global financial policymakers for three years about its intention to prevent its banks from laundering money and financing terror organizations
Mohammad Hadi Razavi charged with embezzlement
Mohammad Hadi Razavi – the son-in-law of Iran’s labor minister, Mohammad Shariatmadari – has been charged with embezzlement and “disruption of the economy” after receiving 2.11 trillion rials (around $51m) in loans from banks, which he has failed to pay back
INSTEX is a new channel to bypass U.S. sanctions on Iran
The Italian bank Unicredit SpA might get a $900 million fine for carrying on bank transactions with Teheran…
UK bank hit with fines for helping Iran launder money
UK banking giant Standard Chartered got slammed with more than $1 billion in fines and settlements on Tuesday…
Financial institutions warned of fraud by Iran regime
The Financial Crimes Enforcement Network issued an advisory to inform financial institutions of updates to the Financial Action Task Force…
