Kenneth Zong charged with conspiracy to evade US sanctions on Iran

Kenneth Zong (a US citizen) has been charged in the USA with money laundering and conspiring to violate US sanctions on Iran.  Mr Zong, along with 4 unindicted co-conspirators, is said to have used false and fraudulent transactions to remove around $1billion of Iranian owned funds held in Korean bank accounts and convert them into more easily traded currencies.  He...

This content is for subscribers only

To continue reading please login or subscribe.

IranIran United StatesUnited States

About Maya Lester QC

Maya Lester QC

Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...

See profile for Maya Lester QC >