WikiIran
Tahayyori - Part 5: Foreign Banks
Top 10 Foreign Banks Involved in Tahayyori's International Transactions
By
Editorial
/
May 2022

WikiIran has exposed recently how one of Iran's largest money exchange houses, The Tahayyori Guarantee Society (شرکت تضامنی تحیری و شرکاء)/ARZ-IRAN (صرافی ارز ایران), operates an expanded international network of over 60 front companies for money laundering and circumventing the international sanctions against the Islamic Republic See Part 1 and part 2.

WikiIran is exposing here more information regarding the non-Iranian foreign banks which had worked with those front companies operated by Tahayyori. Based on a close review of the records from Tahayyori's servers, WikiIran highlights here top 10 of the "Host Banks" (senders) and top 10 of the "Beneficiary Banks" (receivers), filtered by their scope of financial activities.

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Top 10 Host Banks

This graph shows the top 10 Host Banks which manage the bank accounts of Tahayyori's front companies, filtered by their scope of financial activities. The activities of these top 10 Host Banks, all of them based outside Iran, make up 59% of the total financial activities in this network.

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Top 10 Beneficiary Banks

This graph shows the top 10 foreign banks which manage bank accounts of the beneficiary companies that receive funds from Tahayyori’s front companies, filtered by their scope of financial activities.

The activities of these top 10 beneficiary banks represent 52% of the total financial activities in this network.

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Most Used Currencies

This graph illustrates the currencies which have been used for financing the activities. Most of the financial activities, totaling 59% (equivalent to 2.32 billion USD) in this network occurred in AED (UAE Dirham). This aligns with the fact that most of the front companies has been in the UAE. Another large component of the financial activities, totaling 22% (equivalent to 881 million USD), occurred in Euros and 18% (equivalent to 721 million USD) of the activities took place in USD. Only 1% of the activities occurred in other currencies.

ikiIran
Leaks from the Islamic Republic of Iran’s Government Agencies