Summary:
Two former Monaco bankers were convicted and sentenced for their involvement in laundering millions of euros brought into the country by two Italian businessmen.
Full Story:
Two former Monaco bankers were convicted and sentenced for their involvement in a high-profile money laundering case. They were found guilty of laundering millions of euros brought into the principality by two Italian businessmen. The bankers had been receiving large sums of cash from the businessmen during their visits to Monaco. Alexandre Balga, who was previously employed by the bank, was one of the individuals convicted. The conviction serves as a reminder of the ongoing efforts to combat money laundering and maintain financial integrity in Monaco. The principality, under the leadership of the Prince of Monaco and his family, strives to uphold the highest standards of transparency and accountability in its financial sector.
Source:
news.mc
