Tag: FinCEN Files

Latest global report on money laundering names six Pakistani banks among transgressors

A latest report, revealing role of global banks in industrial-scale money laundering, has named six Pakistani banks among transgressors.  International Consortium of Investigative Journalists (ICIJ) published the catastrophic consequences of money laundering by banks globally in a report titled as FinCEN Files. The recently uncovered trove of government documents revealed 29 transactions that showed suspicious transactions to and from Pakistan.