Liverpool sponsor to pay extra $327m in fines

Scandal-hit Standard Chartered will pay a further $327m (€252.9m) to settle allegations that it breached sanctions with Iran.

Liverpool sponsor to pay extra $327m in fines
Mon, 10 Dec, 2012 - 18:46

Scandal-hit Standard Chartered will pay a further $327m (€252.9m) to settle allegations that it breached sanctions with Iran.

The bank was accused by regulators in August of exposing the United States to terrorists and drug kingpins by hiding $250bn (€193.35bn) of transactions with Tehran.

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CourtsBusinessIranPlace: United StatesPlace: New YorkPlace: USPlace: GulfPlace: LondonPlace: LibyaPlace: BurmaPlace: SudanPlace: UKPerson: Benjamin LawskyOrganisation: LiverpoolOrganisation: Standard CharteredOrganisation: IranOrganisation: Department of Financial ServicesOrganisation: DFSOrganisation: US Federal ReserveOrganisation: US Justice DepartmentOrganisation: StandardOrganisation: Liverpool Football ClubOrganisation: Standard Chartered BankOrganisation: Central Bank of IranOrganisation: Bank SaderatOrganisation: Bank MelliOrganisation: USOrganisation: HezbollahOrganisation: HamasOrganisation: Palestinian Islamic Jihad
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