UK bank Standard Chartered accused of helping to fund Iran

Lender denies whistleblowers’ claim transactions worth $100bn were carried out in breach of sanctions

Whistleblowers have claimed Standard Chartered allegedly carried out billions of dollars of previously undetected transactions for Iran-linked entities and terrorist organisations, according to a New York court filing.

Two whistleblowers, who include a former executive at the British bank, filed a motion last week to set aside a judgment that dismissed an earlier lawsuit they filed, in an attempt to revive their efforts.