Myanmar Mayflower Bank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2005
License revoked following money-laundering investigation
Myanmar government authorities revoked the bank's license in March 2005 after investigating money-laundering allegations, bringing the bank's operations to an end.
Designation as a primary money-laundering concern
The United States Treasury classified Myanmar Mayflower Bank as a primary money-laundering concern. The designation led to particularly strict restrictions on the bank's dealings with American banks.