Joint-Stock Commercial Bank "Bank of Moscow"

HQ Country of Company:
Russia
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
OFAC alleged that the apparent violations occurred as a result of 69 fund transfers in 2008 and 2009 totaling more than $41 million for or on behalf of Bank Melli Iran ZAO, Moscow, Russia (“BMI Russia”), a Russian affiliate of Iran’s Bank Melli designated as a WMD proliferator under Executive Order 13382.
Fine:
Total Fine
$9,492,525.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$9,492,525.00
Source:
Treasury, "Enforcement Information for January 27, 2014."
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