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Evrofinance sanctioned by US Treasury over Venezuelan money laundering

( March 11, 2019, 16:11 GMT | Official Statement) -- MLex Summary: Evrofinance Mosnarbank, a bank owned by Russian and Venezuelan government firms, has been sanctioned by the US Treasury's Office of Foreign Asset Control. Evrofinance has facilitated money laundering derived from corruption in Venezuela, according to a statement. “As a result of today’s action, all property and interests of this entity ... that are in the United States or in the possession or control of US persons are blocked and must be reported to OFAC,” Treasury said.Statement follows....

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