British bank, Standard Chartered, accused of helping to fund terrorists, US court papers allege

BBC is reporting that a British bank that escaped prosecution for money laundering carried out billions of dollars of transactions for funders of terrorist groups, according to US court papers allege. The piece by Andy Verity points out that Standard Chartered, one of the UK’s largest banks, avoided prosecution by the US Department of Justice after Lord Cameron’s government intervened on its behalf in 2012.