September 24, 2006	Sunday	Sha'aban 30, 1427

TOKYO, Sept 23: US financial authorities may punish the US units of the Bank of Tokyo-Mitsubishi UFJ for allegedly failing to properly monitor against money laundering, a news report said on Saturday.

US authorities have called into question monitoring carried out by BTM UFJ’s New York branch and one of its United States units, Kyodo News agency reported, citing unidentified officials.

A United States affiliate of Mitsubishi Tokyo Financial Group, the predecessor of BTM UFJ’s parent group Mitsubishi UFJ Financial, was ordered to improve monitoring against money laundering in 2004, according to Kyodo.—AP