Two bank execs to get AMLO summons for dereliction
August 07, 2014 18:38
Two bank executives will be summoned by the Anti-Money Laundering Office (AMLO) for allegedly ignoring its request to investigate certain bank accounts over suspicions of money laundering, AMLO chief Pol Colonel Srihanat Prayoonrat said Thursday.
Since people behind callcentre scams and fraudulent transactions over social media and the Net use bank accounts to launder money, Sihanat said he felt uneasy about banks allowing criminals to conduct monetary transactions. He said this proved that banks did not implement measures outlined to check on customers, which later led to damages.