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Money laundering investigated in Italy

FOUR senior managers of the Bank of China in Milan are suspected of being involved in a massive money laundering scheme, Italian prosecutoris say.

ITALIAN prosecutors are seeking to indict 297 people and the Bank of China in connection with a massive money-laundering investigation.

THE ANSA news agency reported on Saturday that the suspects include four senior managers of the Chinese state bank's branch in Milan.

Original URL: https://www.news.com.au/world/breaking-news/money-laundering-investigated-in-italy/news-story/90ec4b5bc15557e50f98530c2a5c8cca