BNP Paribas offers guilty plea to US for violating sanctions

BNP Paribas violated US sanctions against Sudan, Cuba and Iran (Source: Getty Images)
BNP Paribas last night pleaded guilty in a New York court to charges that it conspired to violate US international sanctions against Sudan, Cuba and Iran.

The admission was part of a deal by the French bank, including a whopping $8.97bn (£5.23bn) charge for breaking sanctions against several countries for an eight- year period.

US district judge Lorna Schofield accepted the bank’s plea last night.

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