Wed Dec 16, 2009 12:38pm EST
WASHINGTON, Dec 16 (Reuters) - U.S. court documents in the Credit Suisse
(CSGN.VX) case show a total value of all prohibited transactions with
Iran, Sudan, Myanmar, Cuba and Libya exceeded $1.6 billion.
The documents, filed on Wednesday in federal court in Washington, said
the Swiss bank may have begun evading U.S. sanctions as early as 1986,
when sanctions on Libyan were first implemented.
The bank was specifically charged with "knowingly and willfully"
attempting to violate regulations issued under the International
Emergency Economic Powers Act from mid-1995 through about 2006,
according to the documents, filed by the U.S. Justice Department.
(Reporting by Dan Margolies; Editing by John Wallace)
Over $1.6 bln in barred Credit Suisse transctions | Reuters (16 December
2009)
http://www.reuters.com/article/idUSWAT01398320091216
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