Standard Chartered Sued Over Role In Iranian Bank Money-Laundering Scheme

Standard Chartered Sued Over Role In Iranian Bank Money-Laundering Scheme

NEW YORK - Survivors, as well as family members, heirs and representatives of 241 U.S. servicemen killed or wounded in a 1983 Iran-sponsored bombing of the U.S. Marine barracks in Beirut, Lebanon, sued Standard Chartered Bank on Aug. 15 in New York federal court, alleging that the bank and its New York branch tortiously interfered with a 2007 judgment by conspiring with Iranian government-backed banks to cover up nearly 60,000 secret transactions totaling more than $250 billion (Deborah D. Peterson, et al. v. Standard Chartered Bank, No. 12-6257, S.D. N.Y.). Subscribers may view the complaint available within the full Mealey's article.

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