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UK to probe British banks' 'role' in money laundering case
MPs raise questions after reports say HSBC, RBS, Coutts, StanChart and others were named in "Laundromat" scam
Add BT as a preferred sourcePublished Wed, Mar 22, 2017 · 09:50 PM
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London
BRITAIN said the authorities would investigate newspaper allegations that UK-based banks had been used in a global money laundering scheme.
A Reuters report published earlier this month shone light on a Moldovan "Laundromat" probe into an alleged Russian-led money laundering scheme, in which US$22.3 billion passed through Moldova using Russian shell companies and fictitious loans from offshore companies based in Britain in 2011-2014.
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