U.S. probing Japan’s MUFG for alleged violation of rules against North Korea money-laundering: NYT


November 22 2018

U.S. prosecutors have been investigating Japan’s Mitsubishi UFJ Financial Group Inc. since late last year on suspicion of breaking anti-money-laundering regulations involving North Korea, the New York Times reported Wednesday.

A subpoena was issued for MUFG after the state of New York said the group had intentionally ignored an internal filter meant to keep it from doing business with companies and people on international sanctions lists, the paper said in its online edition.