U.S. gave Russia sanction guarantee on N. Korea funds: Ifax http://www.reuters.com/article/topNews/idUSL1455179920070614
Thu Jun 14, 2007
MOSCOW (Reuters) - Russia said on Thursday the United States had given firm guarantees removing the threat of sanctions against a Russian bank involved in transferring North Korean funds from a Macau bank, Interfax news agency reported.
Russian Deputy Foreign Minister Alexander Losyukov said the funds were being transferred to "a Russian bank in the Far East," Interfax reported. "The guarantees were in writing and move our bank out of the way of any possible American sanctions," he said.
"The guarantees were rather firm. So it is possible, apparently, to be confident that such sanctions will not be imposed by either the present or future U.S. administrations," Losyukov said.
He said a total of $25 million was being transferred to the Russian bank, which he did not name.
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