Tag: UK banks

• Thursday, October 19th 2017 - 07:17 UTC

  UK banks allegedly involved in helping launder money stolen from South Africa

  

  UK banks may have been used to launder money stolen from South Africa, a former cabinet minister has alleged in a letter to Chancellor Philip Hammond. Labour Lord Peter Hain said a South African whistle-blower had indicated the banks “maybe inadvertently have been conduits for the corrupt proceeds of money”.