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Credexbank

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2012

    U.S. money-laundering concern designation

    On May 22, 2012, the U.S. Department of the Treasury identified Credexbank under Section 311 of the USA PATRIOT Act. The Treasury cited alleged transaction patterns associated with money laundering for shell corporations and a lack of transparency surrounding ownership and beneficial control. Credexbank denied the allegations, while Belarusian authorities disputed the U.S. position.

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