May 2, 2024

AndronETalksNews

AndronETalksNews

Russia-Ukraine war: Hours after Imran Khan meets Putin, US Federal Reserve imposes $55 million fine on National Bank of Pakistan

Opindia

 

Hours after Pakistan Prime Minister Imran Khan met Russian President Vladimir Putin in Kremlin on Thursday amidst the ongoing “special military operation” by the Russian troops in eastern Ukraine, two US authorities imposed fines worth $55 million on the National Bank of Pakistan (NBP) and its New York branch. 

According to reports, the US Federal Reserve, the central bank of the country, and Superintendent of Financial Services of the state of New York imposed fines on the central bank of Pakistan over deficiencies and non-compliance with the federal laws.

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