They didn’t just pressure our banks. Per the Senate report, admin apparatchiks went on a multi-country “roadshow” to find institutions willing to launder the rials.
The money was laundered. Some institution/s did it.
And how in HADES did Congress not know about the admin’s roadshow to recruit money launderers?! That claim beggars belief.
And another question: Did either or both of the US banks report to Congress and/or the FBI that the Obama admin tried to recruit the banks to do a spot of money laundering for Iran?
Reason I ask is I’m wondering if any of those banking suicides might have another explanation.