Central Bank of Iran accused of role in ‘illicit oil network’

iran

The Central Bank of Iran (CBI) has been accused by the US Treasury of being a key player in an “illicit Russia-Iran oil network” supporting regimes in the Middle East.

The Treasury claims Iran has worked with Russian companies to channel oil to the Syrian government. In return, the regime of Bashar al-Assad allegedly funnels dollars back to Iran and the Central Bank of Iran facilitates transfers on to Hamas and Hezbollah, which are designated as terrorist organisations by the US.

Two central

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: