New York state hit Japan's largest bank Bank of Tokyo Mitsubishi-UFJ with a $250 million fine Thursday for handling money transfers that violated sanctions on Iran, Sudan and Myanmar.
The state's Department of Financial Services (DFS) said Mitsubishi-UFJ moved billions of dollars through its New York branch between 2002 and 2007 for state and private entities in Iran, Sudan and Myanmar, including entities on the US Treasury's blacklist.
In that period banking services and money transfers fell under US sanctions on the three countries.
To hide them, the DFS said the bank employees "systematically" removed information from wire transfer messages that could have identified the parties involved.
In all, the bank handled nearly 28,000 illegal transactions worth $100 billion in violation of the law, according to the DFS.
Japan will check the recent travel histories of all people arriving at international airports in the country to identify those who have visited Ebola-affected West African countries, the health ministry said Friday. (The Japan News)
The government said Friday it has chosen Nobel physics prize laureates Shuji Nakamura and Hiroshi Amano and five others as this year's winners of Japan's top cultural award, the Order of Culture. (Kyodo)