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Tuesday, 21 February 2017

U.S. Said to Rekindle Iran Sanctions Probe of Deutsche Boerse Unit - Bloomberg

U.S. Said to Rekindle Iran Sanctions Probe of Deutsche Boerse Unit - Bloomberg:

"U.S. prosecutors are pushing forward on an Iran sanctions investigation that had languished during the multiyear period when Washington and Tehran were negotiating their nuclear pact, according to people briefed on the matter.

The Justice Department is continuing to examine whether Clearstream Banking SA and its parent company, Deutsche Boerse AG, provided a conduit for illegal Iranian transactions and made false statements to regulators during a review of Deutsche Boerse’s unsuccessful 2012 bid to buy the New York Stock Exchange, two people with knowledge of the matter said.

The investigation is being run by the office of Preet Bharara, the U.S. attorney in Manhattan, a holdover from the Obama administration who was asked to stay on by President Donald Trump. The inquiry picked up again last year, they said, after the sensitive international negotiations had been completed and the nuclear agreement had taken effect, and before the Nov. 8 election that carried Trump to the presidency."



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