accusedallegationsbanking regulationsbillions of dollarsBritish bankcriminal activitiesfinancial supportfunding terroristsillegal transactionslegal actionmoney launderingStandard Charteredterrorism financingterrorist fundersterrorist organizationstransactionsUS court papers
What are the allegations against Standard Chartered bank?
The US court papers claim that Standard Chartered carried out billions of dollars of transactions for terrorist funders.
How serious are the accusations against the bank?
The accusations are very serious as they involve allegations of funding terrorists, which is a criminal offense.
What consequences could Standard Chartered face if found guilty?
If found guilty, Standard Chartered could face severe legal and financial consequences, including hefty fines and damage to their reputation.