The reported U.S. Justice Department investigation examines whether billions in Iranian oil revenue and other large transfers moved through major banks and were linked to companies overseen by Mujtaba and an adviser to the Ayatollah.
The U.S. Justice Department is investigating whether major banks including JPMorgan Chase, Standard Chartered and Citigroup were involved in large cross-border fund transfers tied to Iran-linked networks. According to the source text, the probe examines how billions in Iranian oil revenue allegedly moved through the banks, whether those flows were connected to companies overseen by Mujtaba, and whether they were linked to an adviser to the Ayatollah. The reported inquiry points to scrutiny of international banking compliance and transactions involving politically exposed or sanctioned-connected networks.