Request for Halt to Santander Takeover

Summary


A LEADING US-based human rights group has written to Britain's financial regulator urging it to halt Santander's (pounds) 8bn acquisition of Abbey National until it fully investigates its part in the alleged "violation" of US money laundering laws.

Inner City Press and its Fair Finance Watch, based in New York, has drawn the Financial Services Authority's attention to the US Senate's recent report on Riggs Bank's alleged money laundering for former Chilean dictator Augusto Pinochet, and the dictator of Equatorial Guinea.

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Extract


Request for Halt to Santander Takeover

Earlier this year, Senate investigators said Riggs Bank helped Pinochet ...

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