Is the Government Hiding Chase’s Cooperation in the Scary Iran Plot?

As I noted in this post, earlier this month, the government unsealed the redacted first complaint in the Scary Iran Plot. I will do a post summarizing the differences between the original and amended complaint later (short version: in a number of ways seeing both complaints weakens their case slightly against Quds Force).

But in this post, I want to suggest–and this is speculation–that the secrecy about the complaint may serve, in part, to protect JP Morgan Chase.

The redactions in the original complaint are minimal, most of which hide the details by which Arbabsiar transferred money from what appears to be a European bank to the FBI account. These redactions are:

¶3a: An 8-character word modifying “country” describing the bank from which the first installment of money was sent. I believe the redacted word is “European.”

¶3b: An 8-character word modifying “country” describing the bank from which the first installment of money was sent. I believe the redacted word is “European.”

Footnote 5: A 14-character word modifying “country” that we know to be “Latin American” (a reference to the planned attacks in Argentina). A 14-character word modifying “country” that is probably “Middle-Eastern” (the reference to planned attacks on Israeli targets), followed by a longer redaction that may describe the location of the intended Israeli targets.

¶22c: A 5-character word modifying “bank” that–the amended complaint makes clear–is a US bank.

¶25: An 8-character word modifying “country” that is likely “European” and a 9-character word naming the bank in question.

¶27: An 8-character word naming a bank from which the second chunk of money was transferred. Since the Amended Complaint makes it clear the money came from two different foreign entities (and since the lengths of the redaction appear to be different), this must be a different bank.

In other words, the only things redacted from the original complaint are the other intended targets–which have already been made public–and the details surrounding the transfer of money from Arbabsiar (or his brother) to the FBI Account.

Now, generally, the redactions may just be an attempt to hide the fact that the FBI used SWIFT to track the money from Arbabsiar to the FBI or that one or more European partners helped them make build this case. But if the government’s allegations are correct and this plot was orchestrated by the Quds Force and Abdul Reza Shahlai specifically (both of whom were and are designated terrorists) then all of the banks involved in the transfer would presumably be party to the transfer of money that ultimately derived from sanctioned entities (though by laundering through Arbabsiar and his brother that may not have been apparent to them).

And I can’t help but note that one of the big international banks in Manhattan with a 5-character name is Chase. And I can’t help but note something I already pointed out: roughly two weeks after the transfers were completed but before Arbabsiar’s arrest, JP Morgan Chase agreed to pay $88.3 million to settle charges it had violated sanctions against Sudan, Cuba, Liberia and … Iran. Now, the sanction violations JPMC admitted to with respect to Iran were in 2009. It also admitted to failing to stop wire transfers from sanctioned entities in 2006-2008. But I do wonder whether the coincidence between these transfers–allegedly supporting the assassination of the Saudi Ambassador–and JPMC’s sanction suggest either that the government got Chase to cooperate in this investigation as part of their settlement, or that Treasury forced JPMC to settle based on their role in accepting wired money for such an alleged crime.

In any case, the big thing that the government seems most intent on hiding are which European and American banks are still accepting wire transfers that ultimately (allegedly) tie back to the Quds Force. Because as we know, the government’s job is to hide evidence of the banksters’ crimes, not prosecute them.

Tweet about this on Twitter0Share on Reddit0Share on Facebook0Google+0Email to someone

7 Responses to Is the Government Hiding Chase’s Cooperation in the Scary Iran Plot?

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Emptywheel Twitterverse
bmaz @erinscafe The furry picture should lead all reports though.
2mreplyretweetfavorite
bmaz @billmon1 @TheBradBlog Ooof. Hope you have enough coffee and/or bourbon.
5mreplyretweetfavorite
bmaz @billmon1 @TheBradBlog Sure. But that is exactly why the patina of "legality" is so illusory in this discussion.
10mreplyretweetfavorite
bmaz @billmon1 @TheBradBlog And that applies to torture, extrajudicial killing, banksters, illegal surveillance, and a whole host of issues.
13mreplyretweetfavorite
bmaz @billmon1 @TheBradBlog The problem, as with so much is the political acts that beget such use/nonuse of discretion.
14mreplyretweetfavorite
bmaz @billmon1 @TheBradBlog Right. Failure to prosecute/hold accountable for Senate incursion is technically legal as prosecutorial discretion.
15mreplyretweetfavorite
bmaz RT @WSJ: At 79, Jerry Lee Lewis just released his 41st studio album. Listen here: http://t.co/rAJMtCwvpX http://t.co/IVJYFJ10VM
23mreplyretweetfavorite
bmaz RT @AntonioFrench: Bob McCulloch and Attorney General Holder should be launching investigations into who is leaking this info. Police? Atto…
38mreplyretweetfavorite
bmaz @mtracey @billmon1 As SSCI Chair, it was her duty to make the case, and she did, lack of vocal support from others, and non-SSCI depressing
49mreplyretweetfavorite
bmaz @billmon1 Even assuming you get past that as to DOD action, which is dubious, there is still issue of §1117+§1119 liability for civilians
54mreplyretweetfavorite
bmaz @billmon1 I agree as to seriousness. But disagree that characterization as combatants is legally correct without a battlefield+imminence.
57mreplyretweetfavorite
bmaz @shenebraskan @billmon1 Yeah, sorry about that. But even in a constant sea of depressing, certain things just stand out.
1hreplyretweetfavorite
November 2011
S M T W T F S
« Oct   Dec »
 12345
6789101112
13141516171819
20212223242526
27282930