BNP Paribas ordered to pay fine for false claims.
Global Banking News-July 25, 2014--BNP Paribas ordered to pay fine for false claims
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Global Banking News - 25 July 2014
A court has asked BNP Paribas (BNPP.PA) to pay a fine for false claims.
The bank has been asked to pay USD80m for trying to defraud an agriculture department programme.
The Justice Department said on Thursday that a federal court resolved the government's allegations that the bank participated in a scheme to defraud an agriculture department programme from 1998 to 2005.
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