Thu, Aug 21, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

Islami Bank denies link with money laundering, terror funding

Posted on 23 July 2012

Islammi Bank Bangladesh Ltd has denied any link with terror financing or money laundering as it was appeared in a section of press print and electronic media on 17 & 18 July, 2012 implicating it with HSBC.
“This has confused millions of bank’s stakeholders and people in general”, Md. Ataur Rahman, Executive Vice President of IBBL said in a press statement Saturday. The report of US Senate sub-committee investigating HSBCs involvement in transferring of illegal money into US economy from drug business of Mexico contains no allegation against Islami Bank Bangladesh Limited’s link with any terrorists financing or illegal transaction, the statement said………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031