ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »â€˜Banks turned blind eye to graft in South Africa’
Bloomberg UK lawmaker Peter Hain accused international banks including HSBC Holdings Plc and Standard Chartered Plc of aiding and abetting graft in South Africa during former President Jacob Zuma’s rule and earning considerable fees in the process. The lenders enabled members of the Gupta family, who were Zuma’s allies and in business with his son, to launder stolen funds and …
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