You are here

StanChart refers allegations of impropriety at its Indonesian power unit to authorities

Wednesday, September 28, 2016 - 05:50

BT_20160928_KVSTANCHART_2515238.jpg
The allegations come as StanChart awaits US authorities' decision over lapses in Iran-related anti-money laundering efforts

London

STANDARD Chartered has referred allegations of impropriety at an Indonesian power company that the bank's private equity arm invested in to the appropriate authorities, the bank said on Tuesday.

The Wall Street Journal earlier reported the bank faced an investigation by the

Powered by GET.comGetCom
sentifi.com

Market voices on:

Powered by GET.comGetCom