Swiss firm files complaint against Deutsche Bank over blocked funds

A Swiss company, Aluminium Silicon Mill Products (ASMP),  has filed a complaint against 2 of Deutsche Bank’s American divisions in the Southern District of New York District Court. Deutsche Bank froze a $212,266 transfer in a US correspondent account, which was due to be transferred from ASMP to Kamensk-Uralsky Metallurgical Plant (KUMZ), a Russian aluminium company. Deutsche Bank informed ASMP …

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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