New York fines Chinese bank for money laundering             

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2016-11-05T01:52:56+05:00 News Desk

NEW YORK: (APP) New York's state bank regulator on Friday fined the giant Agricultural Bank of China $215 million for violating anti-money laundering laws and obscuring financial transactions involving Russia and China.

The Department of Financial Services said the bank, the third-largest in the world, had also "silenced" a whistleblower who attempted to carry out internal investigations.

 

 

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