The government of Andorra says the tiny country is taking over management of one of its five banks after the United States accused top managers of helping launder money for criminal organizations in China, Russia and Venezuela.

The Andorran government says that two government controllers have been ordered to manage Banca Privada d'Andorra while the alleged misconduct is investigated.

The government issued its statement Tuesday after the U.S. Treasury Department's financial crimes enforcement network named BPA as a foreign financial institution "of primary money-laundering concern."

The Treasury Department says BPA helped siphon about $2 billion from Venezuela's national oil company, Petroleos de Venezuela SA. BPA did not immediately respond to an email seeking comment.

Andorra is wedged between Spain and France in the Pyrenees mountains.