© Reuters. U.S. Deputy Secretary of State Sullivan speaks to the media in Riga© Reuters. U.S. Deputy Secretary of State Sullivan speaks to the media in Riga

FRANKFURT (Reuters) – The United States is concerned about money laundering which affects Latvia, a U.S. official said on Thursday, adding that it was working closely with the country on the issue.

“Money laundering is a concern to the United States as it affects a NATO ally in Latvia,” Deputy Secretary of State John J. Sullivan told journalists in Riga.

“It’s a sanction that indicates the seriousness with which the United States takes money laundering, particularly money laundering as described in the FinCEN report,” he said of a recent U.S. Treasury announcement demanding restrictions on Latvian bank ABLV.

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