HALISTER1: Spain Judge Orders Proceedings Vs ICBC in Money-Laundering Case

Spain Judge Orders Proceedings Vs ICBC in Money-Laundering Case

(Bloomberg) -- Judge Ismael Moreno orders proceedings directed against ICBC Europe in money-laundering case, Spanish National Court says in emailed statement Monday.
  • Judge says that as well as 7 officials at bank under probe, investigation should also include ICBC as a company to the extent that it knew how bank operated in Spain to gather cash from criminal groups to convert it into other products such as loans, transfer it mostly to China: statement
  • NOTE: Spanish Police Arrest Five in ICBC Money-Laundering Probe (2)
To contact the reporter on this story: Charles Penty in Madrid at cpenty@bloomberg.net

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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