ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »Bank of Baroda holds ‘proceeds of crime’, says South Africa
Bloomberg The Bank of Baroda’s South African unit has been in possession of the “proceeds of crime†linked to a dairy farm project that involved the politically connected Gupta family, said Thato Ntimutse, a lawyer for the National Prosecuting Authority’s Asset Forfeiture Unit. While India’s Bank of Baroda has tried to stop the state from freezing 30 million rand ($2.5 …
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