FTSE 100 bank Standard Chartered was hit today with fresh whistleblower allegations that it was involved in transactions worth $100 billion, which financed some of the world’s most notorious terrorist groups.
The claims were made in US court papers and relate to thousands of transactions between 2008 and 2013 and allege that sanctions against Iran were broken.
They include foreign exchange deals worth around $9.6 billion involving people or companies which the US government linked with funding Hamas, Hezbollah, the Taliban and al-Qaeda.
The whistleblowers claim that the transactions at the centre of the latest allegations were found after they re-examined material previously sent to US authorities in 2012.
