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Corrupt Bank Defended by Mexican President to Close After U.S. Treasury's Cartel Sanctions

A cartel-connected bank, once defended by Mexican President Claudia Sheinbaum, lost its license to operate in Mexico and is in the process of selling off its assets. The move comes just months after the U.S. Department of the Treasury sanctioned the bank and two other financial institutions for having laundered money for drug cartels and for helping move money to China to pay for fentanyl precursors. The post Corrupt Bank Defended by Mexican President to Close After U.S. Treasury’s Cartel Sanctions appeared first on Breitbart.

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