German Commerzbank may face the fine of $500 million. U.S. authorities suspect that the bank used its American branches to make sanctioned wire transfers from Iran and Sudan.
According to sources of the New York Times, the bank was offered to enter into an agreement, under which the U.S. federal government would refuse from prosecution in exchange to large financial payments to the treasury. Negotiations with Commerzbank are underway; the agreement can be concluded already this summer.
Experts note that the case of Commerzbank is like to be come an "exercise" before lodging similar claims against Germany's largest bank Deutsche Bank. It was reported that U.S. authorities suspected the bank of conducting prohibited transactions with Iran, Syria and Sudan.
Last week, French bank BNP Paribas admitted to violating sanctions against Sudan, Iran and Cuba. The bank pleaded guilty and agreed to pay the fine of $9 billion for illegal services.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year