FinCEN: BNU with over $ 40 million in suspicious transactions
Four banks in Macau have been the target of complaints to US officials over suspected money laundering. The Bank of China was the institution in the territory with the most reported movements, in a list that also includes BNU, ICBC and HSBC. The International Consortium of Investigative Journalists has revealed potentially criminal transactions worth a total of $ 2 billion
Between May and July 2015, Banco Nacional Ultramarino (BNU) customers received approximately US $ 40.3 million in transactions that were reported to the US authorities on suspicion of money laundering.
The information was revealed by the International Consortium of Investigative Journalists (ICIJ) and is based on more than 2,100 documents sent by several international banks to the Financial Crimes Enforcement Network (FinCEN), between 2000 and 2017, advising on transactions that could involve laundering of money and funds of illegal origin.
Read more in portuguese at Hoje Macau