Is the world's largest bank involved in money laundering for nearly 20 years? ICIJ Report

World's Major Banks Involved in Money Laundering for Nearly 20 Years ICIJ Report September 22, 17:47

A group of reporters from around the world has released a report that, as a result of analyzing internal documents of U.S. authorities, it is suspected that major banks in the world have been used for huge money laundering etc. for nearly 20 years. did.

This was released on the 20th by the ICIJ = International Consortium of Investigative Journalists, which is headquartered in the United States, as a result of analyzing internal documents of the US authorities obtained by the US news site BuzzFeed.

Internal documents contain transaction information reported by the compliance department of a major bank as possible money laundering and criminal activity, amounting to $ 2 trillion between 1999 and 2017, Japan. It means that the yen will exceed 209 trillion yen.

Major financial institutions include Deutsche Bank, HSBC in the United Kingdom, and JP Morgan Chase in the United States, and although not all of the reported transactions are evidence of fraud, ICIJ finances these. The agency points out that it continued to trade after being warned by the authorities, moving huge amounts of money.

"The ICIJ report is about past cases. We are now investing heavily in the fight against financial crime and money laundering and strengthening control," Deutsche Bank told NHK. I am commenting.

Following the release of the report, the stock prices of Deutsche Bank and HSBC fell sharply in the European stock market on the 21st.