Liverpool's main sponsor Standard Chartered has been accused of overseeing transactions for companies which fund terrorist groups.
The British bank has been accused by an independent expert of overseeing £7.5billion in foreign exchange transactions with companies and individuals claimed by the US government to be funding terror groups.
Those groups include Hezbollah, Hamas, al-Qaeda and the Taliban.
Moreover, new documents submitted to a US court claimed that £78bn of transactions were overseen by the bank between 2008 and 2013 in breach of sancations against Iran.
The documents have been seen and reported on by the BBC.
Standard Chartered first started sponsoring Liverpool in 2010.
They have a £50million-per-year deal with the Reds and their name appears on the front of their shirts.
The bank has twice admitted to breaching penalties against Iran and other nations in 2012 and 2019. For that they forked out more than £1.33bn in fines.
However, Standard Chartered has never admitted to conducting transactions which benefit terrorist orgainsations.
David Scantling, an expert with expert with decades of experience in counter-terrorist financing, has analysed previously confidential bank spreadsheets.
These spreadsheets were given to the US government in 2012 by two whistleblowers.
In his court filing on May 31, Scantling claims that Standard Chartered Bank (SCB) made multiple transactions 'with or on behalf of Iranian banks, Iranian companies and Middle Eastern money exchanges that, according to (the US government), finance designated foreign terrorist organisations.'
In a statement, SCB claimed the court filing was 'another attempt to use fabricated claims against the bank, following previous unsuccessful attempts'.
The bank added: 'We are confident the courts will reject these claims, as they have already done repeatedly.'
US authorities have previously said the whistleblower's allegations 'did not lead to the discovery of any new … violations'.
Meanwhile, one FBI agent told a court that it showed nothing that 'indicated or suggested that the bank had engaged in improper US dollar transactions' beyond 2007.
Mail Sport has contacted Liverpool for comment.
Dieulove
0
After Man City now it’s Liverpool Wuna no di tire FA?
besacelmpy
3
Here is the key bit since the majority don't actually read it, I expect better from Liverpool fans, we are better than the rest. We should read before we comment. Key sentence. "US authorities have previously said the whistleblower's allegations 'did not lead to the discovery of any new … violations'." Some stuff happened with them in 2007 and they were found guilty and had to pay 1.3bn in fines. 17 years ago. They didn't start sponsoring us till 2010. Nice try Mail Sport but we aren't a City or Madrid, we are a genuine Club.
besacelmpy
0
I will suspend their shirt sponsorship if I was Liverpool fc owners coz funding Israel is a big crime and also means it's supporting Genocide Standard Chartered out>>>>>>>>>>>👍
Dude learn to read before jumping and commenting. Explain to me how this is related to Israel? Secondly, these allegations have been rekindled by an 'independent expert' but have already been looked at by US courts and they found nothing. This news is designed to hurt Liverpool rather than raise awareness of a real crime. I wonder who would be trying to deflect attention away from another story?
dkn7
0
Every year?
Sukaekops
2
Israel is a head of terrorist...
jatdnuyz
1
All Football doens't know who is the real Terrorist!!! ?
kudcmnost
3
Israel is the real terrorist..get up people
myclubliverpool
0
Firts go deal with the 115 charges against city
Onesmuschialo
3
SO ...tell us how is LIVERPOOL associated with TERRORISM because they're also FUNDED by Standard Chartered 🧐🧐🧐
Onesmuschialo
1
if Standard Chartered bank wasn't associated with LIVERPOOL nobody would be YAPPING. PEOPLE will never understand that...
Juniorpope
1
Kick them out
Leftwinger
0
I will suspend their shirt sponsorship if I was Liverpool fc owners coz funding Israel is a big crime and also means it's supporting Genocide Standard Chartered out>>>>>>>>>>>👍
So u ok with raping women and kidnapping.
maabiklruz
0
Mail Sport news; if they lack good news, they turned up to the Lies and put Liverpool team; ok your free to write your nonsense 🙄.
ticbcdmprs
2
I will suspend their shirt sponsorship if I was Liverpool fc owners coz funding Israel is a big crime and also means it's supporting Genocide Standard Chartered out>>>>>>>>>>>👍
Iffy106
2
Another banger 🔥 👌