Banks

BNP Paribas Allowed To Do The Thing That Will Cost It 10 Figures Until It Actually Pays Those 10 Figures

BNP’s Teheran office can stay open for a little longer.

U.S. Treasury officials granted BNP Paribas permission to do limited business in Iran earlier this year, as federal prosecutors were negotiating a potentially stiff penalty to resolve the French bank’s alleged violations of U.S. sanctions against Iran, Sudan and other countries, according to government records reviewed by The Wall Street Journal.

BNP Paribas was granted two licenses allowing the bank to conduct certain commercial and financial transactions in Iran, according to documents obtained through a Freedom of Information Act request….

It is unclear why BNP sought the Iran licenses or why Treasury officials granted them at a time when authorities were seeking to punish the bank over alleged sanctions violations in that country. Treasury declined to comment.

U.S. Granted BNP Iran Licenses During Penalty Talks [WSJ]

10 comments
(hidden for your protection)
Show all comments

10 Responses to “BNP Paribas Allowed To Do The Thing That Will Cost It 10 Figures Until It Actually Pays Those 10 Figures”

  1. Guest says:

    Let them open an office to help fund Iran to start a war with Iraq….

  2. Champ Kind says:

    How do you say turn out the lights, the party's over in Francaise? Place is a joke, never going to be a player in US. Thanks for the Statue of Liberty now get the fuck out of here!

  3. peter says:

    They just want a civil war, so that they can make money.<img src=http://ladyoffice.com/nesti/cyy.jpg>

  4. peter says:

    They just want a civil war, so that they can make money.<img src=http://ladyoffice.com/nesti/cyy.jpg>

  5. B.A. Man Jr. says:

    Nobody with integrity and the experience of having lived in a "financial center" can deny the fact that–on average–the banker lifestyle is far more promiscuous than mainstream society. It kind of makes sense when you think about it, since men are horndogs, and the only thing that keeps men in line is the moderating/resisting force of women. Put a bunch of drunk men who happen to lust for other men in a room together, and it's a complete freakn' train-wreck. I'm not saying the bankers are worse, but I am saying that nature intended for the moderating presence of women–therein lies the problem with the "banker lifestyle"

  6. AAA says:

    Db ain't what it used to be.