House GOP Conference Chairwoman Elise Stefanik (R-NY) has called on U.S. Attorney General Pam Bondi to open a full-blown federal investigation into Standard Chartered Bank (SCB) and to scrutinize New York Attorney General Letitia James’ complicity in a billion-dollar terrorist financing scandal.
House Republican Chairwoman Elise Stefanik’s urgent letter to Bondi comes on the heels of a bombshell Gateway Pundit report into the Standard Chartered Bank sanctions evasion case, now before the U.S. Second Circuit Court of Appeals.
That case uncovered at least $9.6 billion in illegal payments by the bank to Iranian and Hezbollah entities—payments that directly violate U.S. Treasury sanctions and undermine national security.
These transactions were allegedly concealed from mandatory disclosures under a deferred prosecution agreement overseen by the Southern District of New York and the U.S. Attorney’s Office for Washington, D.C.
Even more disturbing, the case implicates New York Attorney General Letitia James and the Federal Reserve for ignoring these billions in illicit transactions and failing to enforce sanctions already designated by the Treasury Department.
The Gateway Pundit previously reported:
At least $9.6 billion of specifically identified illicit payments were made by SCB from its NYC branch to OFAC and known terrorist names. The $9.6 billion was found in internal trade reports turned over by bank whistleblowers and represents the first batch from SCB Dubai office that cleared through SCB NYC. There are estimated over $100 billion more of illegal payments that are more recent and from SCB China where it has 53 mainland branches that facilitate dollar trade payments for oil and war-making materials.
These payments were hidden by SCB from required disclosure in its ongoing Deferred Prosecution Agreement now under the jurisdiction of DCUSA Pirro and SDNY Clayton where both were briefed on SCB after their appointments. There are career blockers at each jurisdiction.
Hellbound and Down 