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US Banks Face Scrutiny in DOJ Probe of Iran Supreme Leader’s Money Flows
Bloomberg.com • • business
Key Points:
- The US Justice Department is investigating how Iran’s Supreme Leader Mojtaba Khamenei developed a vast global investment portfolio linked to Wall Street banks.
- The probe is part of a broader inquiry into allegations of money laundering and corruption involving Khamenei.
- Investigators are examining the potential role of American financial institutions, including JPMorgan Chase and Citigroup, in enabling significant money transfers between firms controlled by Khamenei.
