Sucheta Dalal :Low-risk bank customer accounts can be a conduit for money laundering
Sucheta Dalal

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Low-risk bank customer accounts can be a conduit for money laundering  

August 25, 2014

Transactions in low income individual account also need to be monitored with the same keen eyes as in other accounts by bank officials. There are several instances about low-risk customers allowing someone to use their bank account for a small commission


Saiyid Zaidi

 

Money laundering is trading in criminal money.

 

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-- Sucheta Dalal