ING embroiled in Russian money laundering network: Investico

An ING subsidiary in Poland has for years helped its clients to move large amounts of money out of Russia, the FD, Trouw and investigative journalism platform Investico said on Monday. The claim is based on leaked documents from the American finance ministry’s fraud investigation department Fincen, which details thousands of suspect transactions involving some of the world’s biggest banks. Two Dutch securities traders – Tristane Capital and Schildershoven Finance – were said to be ‘key players’ in the shift... More >