The Free Thought Project | Jul 27, 2018 | ~ Rothschild Bank Ensnared in Money Laundering Scandal that Led to Arrest of Malaysian President ~ | .. The Rothschild Bank is the subject of an international investigation after it was accused of laundering billions of dollars.. Switzerland – Swiss authorities have accused the Rothschild Bank AG and Rothschild Trust AG of not only establishing business dealings with customers suspected of money laundering, but also “considerably expand[ing]” those dealings while violating the bank’s own reporting by reporting their suspicions “only after a substantial delay.” After an investigation into suspected money laundering operations involving Rothschild Bank and Malaysian state investment fund 1MDB, Switzerland’s Financial Market Supervisory Authority (FINMA) has concluded the bank was in “serious breach” of “due diligence, reporting, and documentation requirements.” .. |
