NEW YORK (Reuters) - BNP Paribas on Monday pleaded guilty to two criminal charges and agreed to forfeit $8.83 billion, as part of a broad investigation into allegations the French bank violated U.S. sanctions laws.

A lawyer for BNP briefly appeared in New York state court on Monday, to answer one count of falsifying business records, and one count of conspiracy.

One of the prosecutors said BNP engaged in a "long-term, multi-jurisdictional conspiracy" to violate sanctions laws by facilitating transactions involving Sudan, Cuba, and Iran.

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