Following an Associated Press report on a small Russian bank owned by former U.S. Rep. Charles Taylor, the ex-congressman from Western North Carolina distanced himself from the bank or any leadership role in the operation now facing allegations of money laundering.
The AP reported April 5 that the Commercial Bank of Ivanovo was stripped of its license after allegedly breaking anti-money laundering rules.
Ex-congressman Charles Taylor denies being ‘officer or director’ of embattled Russian bank
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