Court finds ex-bank manager guilty in $81-M money laundering scheme

Credit to Author: The Manila Times| Date: Thu, 10 Jan 2019 03:33:14 +0000

A FORMER bank manager of the Rizal Commercial Banking Corp. (RCBC) in Makati City was found guilty of money laundering, according to a radio report.

Maya Deguito violated the Anti-Money Laundering Law for facilitating the transfer of $81 million from the Bangladesh central bank to the RCBC branck along Jupiter St. in 2016, acccording to radio dzBB quoting partly grom a ruling released by the Makati Regional Trial Court Branch 149.

The post Court finds ex-bank manager guilty in $81-M money laundering scheme appeared first on The Manila Times Online.

http://www.manilatimes.net/feed/