You are here

Global body slams banks over Fifa transactions

FATF says they appear to be so lax that many allegedly corruption-related transfers passed through the international financial system undetected

London

A GLOBAL group of government anti-money laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body Fifa, and cautioned banks to step up scrutiny.

The warning from the Paris-

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom