23.07.2012 - Islami Bank Bangladesh, with suspected terror links, had dollar account with HSBC India
The bank helped another bank with suspected links to terror - Islami Bank Bangladesh had opened a US dollar clearing account with HSBC India. The Bangla bank, one of the largest private sector lenders in that country, has strange shareholders: members of the Al Rajhi group held a 37% direct ownership in Islami Bank Bangladesh. The Al Rajhi Bank of Saudi Arabia was suspected to be a conduit for Islamic finance, according to a 2003 report by CIA................................................Full Article: Source
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