Following a government audit, the Bahraini government has stated that it has discovered documents which reveal a $7 billion scheme, orchestrated by the Persian-Gulf bank ‘Future Bank’ (closed in 2015), which ultimately assisted Iran in the evasion of international sanctions between 2004 and 2015. The documents are alleged to reveal how the bank had routinely altered financial documents (including a practice known as ‘wire-stripping’) to mask illicit transactions between Iran and a number of foreign partners.
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 >