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In March 2015, the Andorran government, with support from Spain, seized a private bank after unproven allegations from the US Treasury's FinCEN. Later events revealed that this was driven by political motives, including the US's fight against money laundering, Spain's stance on Catalan independence, and Andorrau2019s efforts to protect its elites from corruption investigations.
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ANDORRA FACTS HOW THE COVERT ABUSE OF POWER IN ANDORRA LED TO THE COLLAPSE OF AN INTERNATIONAL BANK In March 2015, the Andorran government, with support from Spain, seized a private bank after unproven allegations from the US Treasury's FinCEN. Later events revealed that this was driven by political motives, including the US's fight against money laundering, Spain's stance on Catalan independence, and Andorra’s efforts to protect its elites from corruption investigations. READ MORE http://andorrafacts.com/