Havana, June 12 (RHC)—The US Department of the Treasury announced on Tuesday the imposition of a 619-million-dollar fine on Holland’s ING bank for having violated the economic, financial and commercial blockade imposed by Washington on Cuba, Iran, Sudan, Libya and Burma.

This is the heaviest sanction imposed by the US Office of Foreign Assets Control, which oversees the enforcement of measures imposed by the Treasury, PL news agency reported. 

The action was announced after the Office of Foreign Assets Control denounced that the ING Bank committed deliberate manipulation and suppression of information about over 20 thousand US prohibited financial transactions with Cuba, Iran, Sudan, Libya and Burma. 

According to the office, ING Bank resorted to US subsidiaries to carry out these transactions between 2002 and 2007 and to evade US controls. Office director  Adam Szubin said that their legal sanctions reflect their interests in terms of national security and foreign policy and today’s announcement about the fine imposed on ING is a clear warning to anybody who tries to evade US prohibitions, he said in direct reference to the unilateral US blockade policy.

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