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Newslaundry
Newslaundry
National
Anand Mangnale

Below the radar: How an Indian tycoon’s petrochemicals empire quietly dodged Iran sanctions

India Iran Metron OCCRP Mumbai UAE Dubai Jim Curtis Oil Africa

Indian tycoon Yogesh Mehta is not shy about his success. In dozens of interviews, YouTube videos, and Twitter posts, he recounts how his hard work and ingenuity made his Dubai-based business, Petrochem, the number one chemical distributor in the Middle East and Africa.

But throughout the many accounts of his rise, Mehta has omitted one element of his business’s operations: A hidden trade in sanctioned Iranian petrochemicals.

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