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improper US dollar transactionsBBC
•75% Informative
Bank avoided prosecution after George Osborne intervened on its behalf in 2012 .
Documents filed to a New York court claim thousands of transactions worth more than $ 100bn were carried out by the bank from 2008 to 2013 in breach of sanctions against Iran .
Independent expert has identified $9.6bn of transactions with individuals and companies designated by the US government as funding terror groups’, including Hezbollah , Hamas , al-Qaeda and the Taliban .
Bank said it disputes the claims, saying previous allegations had been “thoroughly discredited’ by US authorities.
Bank was at risk of criminal prosecution for money laundering by the US Department of Justice .
Osborne wrote to Ben Bernanke , then chair of the US central bank the Federal Reserve , and to Tim Geithner .
Two months later , the bank was fined $ 300 m but escaped prosecution with a deferred prosecution agreement.
VR Score
77
Informative language
74
Neutral language
54
Article tone
formal
Language
English
Language complexity
61
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
1
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