Ex-NC congressman's Russian bank stripped of license
MOSCOW — A small Russian bank owned by former U.S. Rep. Charles Taylor was stripped of its license Friday after allegedly breaking anti-money laundering rules.Russia’s central bank said that Commercial Bank of Ivanovo committed “numerous” breaches of anti-money laundering regulations – including by providing “incomplete and unreliable information” about transactions – and inflated the value of its assets.The central bank has appointed administrators and says more than 70 […]
