Aussie Bank Fined for Cuba Business
HAVANA TIMES, Aug. 27 – The U.S. government fined the Australia & New Zealand Bank Group (ANZ) financial conglomerate 5.75 million dollars for carrying out transactions with Cuba through accounts in U.S. banks, which violates the half-century US economic blockade on the Caribbean island.
The transactions allegedly took place between 2004 and 2006. Under the blockade the US Treasury Department’s Office of Foreign Assets Control (OFAC) seeks to damage Cuban business interests involving institutions and businesses of third countries.
Likewise, OFAC is used to enforce the US government travel ban on Cuba for its citizens, empowered to levy stiff fines on violators who fail to get a special license.
How pathetic of the Americans. Yet again displaying their petulance an hebephrenic behaviour.
The yanks are so financially redundant, I’m surprised they don’t tax or fine there own citizens for breathing too much air. America has to make up it’s imminent 9 trillion dollar deficit somehow.