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New Controversy; Donald Trump's Construction Company Deal with Iran's National Bank

May 9, 2026 May 9, 2026 3 min read 📰 Radio Farda
📋 Key Takeaway

Donald Trump's construction company reportedly had a leasing deal with Iran's National Bank from 1998 to 2003, which has raised concerns due to the bank's past accusations of supporting terrorism and Iran's nuclear program. This revelation comes just over a month before the U.S. presidential election and could negatively impact Trump's political prospects amidst other controversies.

🔍 Quick Context Guide
💡 Bottom Line: The controversy could significantly affect Trump's political fate.

👥 Key Players

Donald Trump ACTOR
Republican presidential candidate
"Trump has referred to the Iranian government as one of America's greatest enemies."
Iran's National Bank (بانک ملی ایران) TARGET
National Bank of Iran
"The National Bank had previously been accused of supporting terrorist groups and Iran's nuclear program."
Hillary Clinton QUOTED
Former Secretary of State
"Trump harshly criticizes his rival Hillary Clinton for not implementing a strong policy towards the Iranian regime."
U.S. Treasury Department QUOTED
U.S. government agency
"The U.S. Treasury Department typically does not disclose news related to the issuance of licenses."
International Consortium of Investigative Journalists ACTOR
Investigative journalism organization
"This news, first published by the International Consortium of Investigative Journalists."
Public Integrity Center ACTOR
Nonprofit organization
"The news was first published by the Public Integrity Center in Washington."

⚡ Actions

Donald Trump's company NEGOTIATE Iran's National Bank
"Trump's company renewed its lease agreement with Iran's National Bank."
Confidence: 90%
U.S. government ACCUSE Iran's National Bank
"The National Bank had previously been accused of supporting terrorist groups and Iran's nuclear program."
Confidence: 90%
International Consortium of Investigative Journalists REPORT Donald Trump's company
"Reports regarding Trump's real estate dealings with Iran's National Bank could negatively impact his political fate."
Confidence: 80%

📰 What Happened

Trump's company leased space to Iran's National Bank, raising controversy amid election scrutiny.

  • Donald Trump's company negotiate Iran's National Bank
  • U.S. government accuse Iran's National Bank
  • International Consortium of Investigative Journalists report Donald Trump's company

💡 Why It Matters

🇮🇷 For Iran: Because it highlights Iran's banking connections with controversial figures.
🌍 Regional: Because it raises concerns about Iran's financial activities and international relations.
🌐 International: Because it could impact U.S. perceptions of Trump's foreign policy stance.

📚 Background

The controversy could significantly affect Trump's political fate.

📝 Key Evidence

"The National Bank had previously been accused of supporting terrorist groups and Iran's nuclear program."
→ Accusations against Iran's National Bank.
"Reports regarding Trump's real estate dealings with Iran's National Bank could negatively impact his political fate."
→ Potential political consequences for Trump.
📡 Source: OPPOSITION
📊 Confidence: 80%
The source is independent and reports on controversial topics.

The news of a deal between one of Donald Trump's companies and Iran's National Bank has become a controversial topic for the press and opponents of this presidential candidate in the United States. The discussions have attracted the attention of media circles and electoral stakeholders because the National Bank had previously been accused of supporting terrorist groups and Iran's nuclear program. With just over a month left before the U.S. presidential election, reports regarding Trump's real estate dealings with Iran's National Bank, according to some media, could negatively impact his political fate amid a slew of other controversial reports, including allegations of tax evasion over an 18-year period. This news, first published by the International Consortium of Investigative Journalists and the Public Integrity Center in Washington, states that from 1998 to 2003, or from 1376 to 1382 in the Iranian calendar, Iran's National Bank was a tenant of one of Donald Trump's companies; a bank that has been accused by the U.S. government of supporting terrorist groups and the Islamic Republic's nuclear program. The report, which has been reflected in American media including NBC News, adds that when Donald Trump purchased the large General Motors building located on Fifth Avenue in Manhattan, the National Bank was present in part of that building, and Trump's company renewed its lease agreement. Shortly thereafter, the U.S. government raised the allegation that the National Bank had purchased sensitive materials for Iran's nuclear program and was responsible for transferring funds for one of the units of the Revolutionary Guards that supported terrorist operations from 2002 to 2006. American media state that Trump's companies' dealings with one of Iran's largest banks further revealed the extensive business interests of the Republican presidential candidate here and there with various countries, interests that contradict his claims during the election campaign. Donald Trump has referred to the Iranian government as one of America's greatest enemies and harshly criticizes his rival Hillary Clinton for not implementing a strong policy towards the Iranian regime during her tenure at the State Department. The Daily News, while publishing this report, states that the amount of money the National Bank paid for leasing its activities on the 44th floor of the General Motors building to Trump's company was $500,000 per year. The U.S. Treasury Department typically does not disclose news related to the issuance of licenses for individuals and exemptions for certain companies from some sanctions regulations. Regarding the report about Mr. Trump's company, it has also not provided any explanation or comment. According to this report, neither the National Bank of Iran nor the Republican presidential candidate's campaign has been willing to provide any explanation regarding this news.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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