US Treasury Secretary Scott Bessent said on Wednesday Washington is tracking what he described as a surge of capital flight by Iran’s ruling elite, as fears grow over the possible collapse of the Islamic Republic amid unrest and threats of a US strike.
"As Treasury who carries out the sanctions we can see is we are now seeing the rats fleeing the ship because we can see millions, tens of millions of dollars being wired out of the country, snuck out of the country by the Iranian leadership," Bessent said in an interview with Newsmax.
"So they are abandoning ship, and we are seeing it come into banks and financial institutions all over the world," the Treasury Secretary added.
