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Bank of New York Dismisses Second Employee in Laundering Case


The Bank of New York said yesterday that it had dismissed a second employee involved in its investigation into possible money laundering at the bank.

The employee, Svetlana Kudryav tsev, was discharged for failing to cooperate with the bank’s internal investigation into the suspected money laundering, a person close to the inquiry said. The bank refused to elaborate on the ouster.

Ms. Kudryavtsev joined the bank in 1994 and was an international bank associate in the Eastern European division in New York, a low level position akin to an administrative assistant, the person close to the investigation said. Ms. Kudryavtsev could not be reached for comment.

She was discharged six days after the bank ousted a vice president in the Eastern European division, Lucy Edwards. Ms. Edwards, who worked in London, was dismissed for ”gross misconduct,” said a person with direct knowledge of the dismissal, including the falsification of bank records, failure to cooperate with investigators and for never telling the bank that she was married to Peter Berlin.

More : query.nytimes.com



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