Havana, Wednesday 09 de July de 2014 09:48 pm

French Bank will Pay Fine for Violating US Blockade of Cuba

Share
Tamaño letra:

French Bank will Pay Fine for Violating US Blockade of CubaHAVANA, Cuba, Jul 1 (acn) Paris National Bank (BNP) Paribas agreed to pay an 8.9-billion-dollar fine to avoid penal actions, after admitting its violation of the US economic, commercial and financial blockade of Cuba and other nations.

Representatives of the French bank admitted before a Southern Manhattan Court, in New York, the falsification of commercial documents to hide operations considered illegal in the United States.
This is one of the largest fines ever imposed on a French entity for violating the sanctions maintained by Washington against some countries of the world.
It is not known yet if the fine will be joined by other measures such as the laying off of at least a dozen employees and the temporary suspension of the rights of the bank to do transactions in US dollars, as it was originally demanded by US authorities.
Last February, BNP Paribas closed its offices in Havana amidst a probe by US authorities for alleged transactions that violated Washington's prohibitions to do business with Cuba, Iran and Sudan.

Add comment

Security code
Refresh

Imágenes Destacadas

our agency

We have over 130 experenced news professionals in 17 offices that give coverage to the entire national territory. (See more) 

Home Video

You need to a flashplayer enabled browser to view this YouTube video

Poll

¿Te gusta el nuevo diseño del sitio?

Mucho - 66.7%
Poco - 16.7%
Nada - 16.7%

Total votes: 6
The voting for this poll has ended on: 31 Aug 2012 - 00:00

World

Low Morale Prevails at US Anti-Cuba Broadcasting Office
Low morale plagues the office of the Cuba Broadcasting Office, the US government organization that leads the anti-Cuba and so-called radio and television Marti, according to a new audit cited by the Miami Herald newspaper.

Sports

Science

Jamaican Health Minister Highlights Cuban Cooperation
Jamaican Health Minister Fenton Ferguson, in a report to that nation's Parliament, highlighted Cuba's cooperation with his country, official sources informed on Thursday.

Cuban 5

Cuban religious personalities extended their solidarity with the cause of the Cuban anti-terrorist fighters who were given unfair prison sentences in the United States fo

Culture

Fidel and the Unknown War is the title of a new book launched this weekend at the Jose Marti Memorial in Havana on important traits and the intense activity of Cuban Revo

Economy

The Cuban biotechnological and pharmaceutical industry, known as BioCubaFarma, offers a major opportunity to foreign investment given its scientific research, production

Find Us:

Advertising


CUBA Links
Agencies