Standard Chartered bank 'in $250bn scheme with Iran'

[Del]

http://www.bbc.co.uk/news/business-19155577

Standard Chartered bank illegally "schemed" with Iran to launder as much as $250bn (£161bn) for nearly a decade, a US regulator says.

The New York State Department of Financial Services said that the bank hid 60,000 secret transactions for "Iranian financial institutions" that were subject to US economic sanctions.

It labelled UK-based Standard Chartered a "rogue institution".

The bank has been threatened with having its US banking licence revoked.

 

[Goat]

Standards Corrupted indeed.

 

[Bruce Wayne]

Interesting. Standard Chartered have traditionally had most of their business out in Asia. They did better out of the crunch than most banks.

 

[Phyllis Stein]

Helping fund terrorism and nuclear pursuits?

 

[Deleted member 28206]

A corrupt bank? YER JOKIN?

 

[Cena]

It was the FA and whiskey nose, they told Iran to do it, its a Conspirazee

 

[Duncan Disordely]

Perfect sponsor for that shower over Stanley Park

 

[tommye]

it wuz Chelsea lad.

 

[icburns]

lol at libberpewl.

 

[malfosse]

It was the FA and whiskey nose, they told Iran to do it, its a Conspirazee

Don't forget Evra.

 

[peteblue]

*orders the 'Support Iran' T-shirts........

 

[Baines' left foot]

It was probably Hodgsons' fault.

 

[malfosse]

*starts printing standard chartered T-shirts

 

[Phyllis Stein]

Ayatollah they were all a bunch of cheating slime.

 

[Reidy's Bottle Of Grecian]

Where's the Standard Chartered money from Brendan ?