Hey Scousers! What about money laundering for Terrorists?

oakiecokie said:
Sorry but I thought this deserved a thread of its own based on all the shit they throw at our Club.
Please Mods keep it separate from the Main Scouse one.

​




Standard Chartered Bank has its headquarters in the City of London
A British bank that escaped prosecution for money laundering carried out billions of dollars of transactions for funders of terrorist groups, US court papers allege.
Standard Chartered, one of the UK’s largest banks, avoided prosecution by the US Department of Justice after Lord Cameron’s government intervened on its behalf in 2012.
New documents filed to a New York court claim thousands of transactions worth more than $100bn were carried out by the bank from 2008 to 2013 in breach of sanctions against Iran.
An independent expert has identified $9.6bn of foreign exchange transactions with individuals and companies designated by the US government as funding “terror groups”, including Hezbollah, Hamas, al-Qaeda and the Taliban.
In a statement, the bank said it disputes the whistleblowers’ claims, saying their previous allegations had been “thoroughly discredited" by US authorities.

Sanctions breached​

Standard Chartered was publicly accused of falsifying transaction data on Swift - an international payment system used by thousands of financial institutions - to move billions of dollars through its New York branch on behalf of sanctioned entities such as the Central Bank of Iran.
But in September 2012, George Osborne, then chancellor in Lord Cameron’s government, secretly intervened on the bank’s behalf.
Three months later, the US Department of Justice decided not to prosecute the bank.
The foreign exchange transactions identified in the court filings were yet to come to light and it is not suggested that Mr Osborne or Lord Cameron had any knowledge of these transactions at the time.
The bank has twice admitted breaching sanctions against Iran and other countries - first in 2012 and then in 2019 - paying fines totalling more than $1.7bn. But it has not admitted conducting transactions for “terrorist” organisations
Click to expand...

Also Money Laundering for the Columbian Cartel.
 
bluetonium said:
I knew about the 2012 accusations, but not the 2019, so thanks for posting that.

Either Liverpool fans will unite in disgust and shame, forcing their club to find a new front of shirt sponsor, or the sales of brushes on merseyside is about to match those of candles.

It's sad that in many eyes, potentially hiding a payment came directly from an associated company, is worse than accepting money from a company potentially associated with funding terrorism.

They'll just retort with the suggestion that our money surely must have been used for something even worse than the killing of thousands of innocent's and destabilization of world economics, such as denying Slippy G a winners medal.
Click to expand...
They were also fined 2 years ago when sanctions were imposed on Russia after the invasion of Ukraine. Months into the invasion, they continued to trade / deal with Russian companies
 
I would refer you all to the facts!!! There are two organisations called Standard Chartered. The dippers shirt sponsor is clearly the humanitarian peacekeeping force that is run by good scouse (not English) folk. The company referred to by the BBC is a disgusting entity run by those nasty SAS Chelsea shirt wearing people and we should not conflate the two!!
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
✖
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.