UK Lord Chancellor Ken Clarke says he will investigate claims made in a BBC Radio 4 documentary that Isle of Man shipping companies were involved in sanction-busting shipments of arms to Iran.
The allegations, which repeat those first made in the New York Times in June, are strenuously denied by the Manx Government.
It insists no current sanctions have been breached and there is no evidence that Manx-registered ships have been involved in carrying illicit cargoes.
Allegations centre on the Islamic Republic of Iran Shipping Line, which is accused of setting up a web of shell companies in the Isle of Man to circumvent US and EU trade sanctions.
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