Bahrain brings charges in $7bn money-laundering & sanctions evasion scheme

Bahrain’s Attorney General has announced the prosecutions of people/entities involved in a money-laundering scheme concerning Future Bank, an Bahraini entity set up by Bank Saderat and Bank Melli, 2 Iranian state-owned banks. Future Bank is alleged to have facilitated financial transactions totalling $7bn on behalf of Iranian people/entities subject to international and terrorist-financing sanctions. The transactions were reportedly concealed with …

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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...

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