Independent.ie - 12/11/13
The bank processed around $34m in wire transfers that violated sanctions against Sudan, Iran, Cuba and Myanmar
Royal Bank of Scotland Group Plc will pay $100m (€72.5m) to resolve U.S. probes into the bank's dealings with Sudan, Iran, and other sanctioned countries, U.S. authorities said on Wednesday.
Between 2005 and 2009, the bank processed around $34m in wire transfers that violated sanctions against Sudan, Iran, Cuba and Myanmar, the Treasury Department said, adding that $32 million of that amount came from Sudan.
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