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| -Lurid Crime Tales- |
| How Bangladesh Bank dirty money easily got into Philippines |
| 2016-03-21 |
| [Dhaka Tribune] In the fallout of the $100-million Bangladesh Bank heist, the Philippine financial industry became front and center in the media, raising questions on how such a huge amount of dirty money easily got into the country. The money was coursed through Philippines' banking system, deposited to a Filipino-Chinese businessman's bank account, and transferred to 3 large casinos -- these are just some important details in a story that is developing into the biggest documented case of money laundering in Philippine history. With less than two months left before the current administration ends, this could even stain President Benigno Aquino III's legacy of minimizing corruption in the country, with the Philippines in danger of returning to the "gray list" of the Financial Action Task Force (FATF). |
| Posted by:Fred |
| #1 Thru the Nigerian email system? |
| Posted by: Skidmark 2016-03-21 11:47 |