“The Treasury Department said BPA managers helped launder money, including US $2 billion US dollars allegedly siphoned from Venezuelan state oil company Petroleos de Venezuela SA.”
“The Treasury Department said BPA managers helped launder money, including US $2 billion US dollars allegedly siphoned from Venezuelan state oil company Petroleos de Venezuela SA.”
The largest U.S. bank by assets said the investigations focus on its spot foreign-exchange trading activities and controls related to those activities.