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| European Central Bank |
Liputan6, Jakarta - Latvia's third largest bank, ABLV Bank, should get severe sanctions from the European Central Bank (ECB) after allegedly assisting the North Korean government in money laundering. The sanction obtained by ABLV Bank is the dismissal of access of payments by the local central bank.
Reporting from CNBC on Thursday (22/2/2018), the ECB gave a stop payment order on Monday. According to the ECB, it took a moratorium on ABLV as the financial condition of ABLV deteriorated drastically, thus taking steps to prevent leakage of funds.




