It’s interesting to watch now a fine of $55 million landed on the head of Pakistan just few hours after Pakistan’s Prime Minister Imran Khan met Russian President Putin.
Two US authorities went up to hit “Terroristan” with a fine of $55 million. These two authorities are The US Federal Reserve which is the central bank of the country. US Federal Reserve has imposed a fine of nearly
$20.4 and the Superintendent of Financial Services of the state of New York had asked to pay fine of $35 million making to total $55 million fine non-compliance with the federal laws. It is said that the fine is being made after the authorities found “significant deficiencies” in the NBP branch’s “risk management and compliance with federal laws, rules, and regulations.
It must be noted that this fine has come up soon after Pakistani PM met Russian President Vladimir Putin during the ongoing Russia-Ukraine crisis.
DISCLAIMER: The author is solely responsible for the views expressed in this article. The author carries the responsibility for citing and/or licensing of images utilized within the text.