1
ICBC, the world’s largest bank by asset size, used its London operations to serve firms linked to autocrats, oligarchs and China’s political establishment.
2
ICBC London officers breached — or waived — some of the bank’s own anti-money laundering and sanctions policies under pressure from the Beijing headquarters.
3
The bank helped Chinese tech giant Huawei secretly move $1.3 billion back to China days after the U.S. indicted the company for allegedly violating Iran sanctions.
4
ICBC continued to bank high-risk clients even after authorities in more than a dozen countries expressed concerns about compliance practices.
5
ICIJ analyzed about 200 loan agreements for companies based in nearly 30 countries and territories to uncover the bank’s role in advancing China’s geopolitical ambitions.
