The Transylvania Times -

Taylor Disputes Bank Claim


Last updated 4/8/2019 at 3:06pm

Former Republican Congressman Charles Taylor disputes a reported claim that he owns a Russian bank that is currently being accused of breaking anti-money laundering regulations.

Taylor, a Transylvania Count native, represented North Carolina’s 11th congressional district in the House of Representatives from 1991 to 2007.

According to a Central Bank of the Russian Federation’s (CBRF) press release, the license of the Commercial Bank of Ivanovo (CBI) was revoked on April 5 based on a report that the CBI “made numerous violations . . . in the area of countering the legalization (launde...

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