|
|
 |
 |
 |
|
| Thursday, 26 August 2004 |
 |
|
 |
Features | Today's Top Story | |
| News Business Editorial Security Politics World Letters Sports Obituaries
|
Bank clients in spotlight in dirty money fight by Muralikumar Anantharaman An African investor recently approached a Singapore branch of a
European private bank wanting to deposit $50 million. His business was
declined, said Kees Stoute, Asian head of MeesPierson bank, because the
investor had no references and was vague about where the money came from.
The unit of Dutch-Belgian bancassurer Fortis has a policy of turning away
unsolicited clients who bring in large sums of questionable origin and it
does not open accounts with cash, he says. Other Stories
|
|
News | Business | Features
| Editorial | Security
Produced by Lake House |
