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US designates Russian bank for helping Iran evade sanctions

…of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Russia’s VTB Bank for aiding Iranian sanctions evasion. Washington said VTB Bank opened offices in Iran, built banking ties with sanctioned Iranian financial institutions, and worked to move billions of dollars in assets. The U.S. government pledg…

world-news by nigerianewsfeed · 2 hrs ago · 0 comments · 2 views
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