DOJ probes US banks’ role in Iran Supreme Leader Mojtaba Khamenei-linked money flows

The US Justice Department is investigating how Iran’s Supreme Leader Mojtaba Khamenei built a sprawling global investment portfolio and whether US banks were involved in related money flows. The review is part of a broader examination of alleged money laundering and corruption, according to four officials with direct knowledge of the matter. Investigators are looking at the possible involvement of firms including JPMorgan Chase & Co. and Citigroup Inc. in facilitating large transfers between companies overseen by Khamenei. No specific allegations or amounts have been disclosed.