Bahrain fines Future Bank, three Iranian banks on money-laundering charges

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The Bahraini Public Prosecution fined Future Bank and three Iranian banks on Thursday with around $2.6 million in two money-laundering cases.

Three officials in Future Bank were sentenced to five years in prison and a fine of $2,659,574 each, according to the prosecution’s Instagram page.

The amounts of money transferred as part of the criminal act was also seized, the post added.

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