Evening Standard

Government 'asleep at the wheel' over claims of Iran sanction busting, MP warns

Source: PA Wire

The Government vowed on Tuesday to look into possible sanctions against a state-backed entity from Iran that has reportedly been using two UK banks to divert money around the world, out of premises in Belgravia.

Business minister Kevin Hollinrake told MPs that he was "disturbed" after the Financial Times reported that the Petrochemical Commercial Company (PCC), via

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