Money laundering investigation into Spanish banks terminated

AN investigation into the transfer of funds from Spain to Switzerland involving HSBC, directors of Santander and BNP Paribas in Spain has been concluded and no charges will be made at this time.

The investigation started in 2017 and has now come to an end even though Anticorruption Prosecutors believe that a crime has been committed in as much as the transfer of money was hidden from the Spanish Treasury.

For technical reasons because of the way in which the transfer took place and the wording of current legislation, it will not however be possible to lay charges against anyone.

Thank you for taking the time to read this news article “Money laundering investigation into Spanish banks terminated”.

FacebookTwitterRedditWhatsAppTelegramLinkedInEmailCopy Link
Go Back
Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page


    Leave a comment

    Your email address will not be published.