Bank of China accused of laundering?

The Chinese state broadcaster has accused the Bank of China of money laundering, according to this report in Forbes .

BoC Tower, Hong Kong

BoC Tower, Hong Kong

Bank of China has gone on record to deny the allegations – “BOC said CCTV’s story based on the undercover investigation “contain discrepancies with and misunderstanding of the facts.”

Having a closer look at Macau and the gambling ships which float just outside China in international waters to see where the rest of the money is going.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s