Ministry of Justice United States of America Find out if they have employees. Credit Suisse And UBSamong other organizations, help Russian oligarchs to escape sanctions imposed after Russia invade Ukraine, as published by Bloomberg this Friday. Before the outbreak of war, remember the same environment, Credit Suisse was known for its ties to Russian clients. this has led him to manage more than $60,000 million, generating annual revenues of between $500 and $600 million.
By the time he theoretically stopped serving this group in May 2022, he had 50% more than UBS, even though he had around $33,000 million. Swiss auditors will integrate Credit Suisse. Bloomberg explains that last year the US Department of Justice created a task force to impose sanctions on oligarchs it believes. Political allies of the President of Russia, Vladimir Putin.
The United States, like Europe, continued to confiscate a number of assets owned by these millionaires, including yachts, private planes, and luxury properties. But also The Ministry of Justice would be investigating the cooperation of different bankers to avoid sanctions from Russian customers.It could face organizations that could face heavy penalties for violating US law.
In 2014, BNP Paribas agreed to pay approximately $9 billion to the prosecution after pleading guilty. Transactions for Sudanese, Iranian and Cuban entities sanctioned by the United States. In 2019, Standard Chartered Bank agreed to pay more than $1 billion to settle a Justice Department investigation in which a former Department of Justice employee pleaded guilty to conspiracy to violate US sanctions.