New disclosures about one of the largest ever scandals tying a bank to money laundering and terrorist financing will prompt some financial institutions to reassess their clients, say compliance officials.
A top BCCI investigator spoke with reporter Larissa Bernardes about some of the complex money laundering schemes he encountered during his undercover work.
Fourteen years after the money laundering scandal that shut down the Bank of Credit and Commerce International first came to light, the now defunct institution is still making headlines.