Asia Universal Bank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2010
Alleged money laundering linked to the Bakiyev circle
Accounts at AUB were allegedly used to launder very large sums involving Maxim Bakiyev, son of President Kurmanbek Bakiyev. The allegations became central to the bank's post-revolutionary political and regulatory crisis.
2009
AUB account cited in alleged Ukrainian political-funding transfers
Reporting cited an AUB account belonging to Belize-based Neocom Systems Limited in connection with a transfer chain involving the Ukrainian Party of Regions and a Wachovia account associated with Paul Manafort.