“A Bloomberg Markets investigation has found that Koch Industries — in addition to being involved in improper payments to win business in Africa, India and the Middle East — has sold millions of dollars of petrochemical equipment to Iran, a country the U.S. identifies as a sponsor of global terrorism. Internal company documents show that the company made those sales through foreign subsidiaries, thwarting a U.S. trade ban. Koch Industries units have also rigged prices with competitors, lied to regulators and repeatedly run afoul of environmental regulations, resulting in five criminal convictions since 1999 in the U.S. and Canada.”

“Koch Brothers Flout Law with Secret Iran Sales.” — Asjylyn Loder and David Evans, Bloomberg News

More #longreads: “Covert Operations.” Jane Mayer, The New Yorker, Aug. 20, 2010, on the billionaire brothers waging a war against President Obama

The staff of Longreads.