On May 6, 2016, Euro Pacific Bank was named falsely in a Spanish online tabloid (OKDIARIO) claiming that the Bank opened an account and received a wire transfer for Pablo Manuel Iglesias Turrión.
Euro Pacific Bank has never maintained an account for this individual nor received a wire transfer from any of the financial institutions or sources named in the article. Furthermore, the Bank does not maintain accounts for politically exposed persons (PEPs) or accept payments from Venezuela under any circumstances.
The Bank has escalated the matter to local authorities for further action.
