Two of the UK’s largest lenders, Santander UK and Lloyds Banking Group, allegedly held bank accounts for front companies that helped Iranian entities evade US sanctions, according to reports. ...
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Santander, Lloyds shares hit by report Iran used accounts to evade sanctions
Santander (SAN.MC), opens new tab and Lloyds (LLOY.L) , opens new tab shares fell on Monday after the Financial Times (FT) newspaper reported that Iran used accounts held at ...
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Lloyds and Santander implicated in global Iran sanctions-evasion scandal
In a shocking revelation, documents obtained by the Financial Times (FT) have exposed how Iran illicitly utilised Lloyds and Santander UK to move money worldwide, forming a vast sanctions-evasion ...
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U.S. sanctions Iran’s largest petrochemical holding group and its subsidiaries
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action today against Iran’s largest and most profitable petrochemical holding group, Persian Gulf Petrochemical Industries Company ...
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US officially reimposes all sanctions lifted under 2015 Iran nuclear deal
The United States officially reimposed all penalties that had been lifted as part of the Iranian nuclear deal as the Trump...
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