Bahrain’s Money Laundering Charge Dismissed as Baseless

The Foreign Ministry on Monday dismissed allegations by Bahrain that Iranian banks had been involved in money laundering, saying the charges are politically motivated. 
Last week Bahraini news outlets said the public prosecutor in Manama had referred 13 banks, including the Central Bank of Iran, to court for money laundering and other “unlawful banking practices” carried out between 2008 and 2012 with the goal to circumvent sanctions against Tehran. 
The charges referred mainly to Future Bank in the tiny kingdom with close military, political and economic ties to the United States.