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July 21, 2006
 
 
Bank of Bermuda alerted authorities over account
 
Intro:
THE Bank of Bermuda alerted local financial authorities when it detected unusual transactions involving an account which was – according to allegations made in court this year – involved in a money laundering operation.
 
Excerpt: As a report on the OffShore Alert web site of KYC News highlighted last week, the Government of Antigua is alleging in court proceedings that it lost millions of dollars through the corruption of the Caribbean island's former Prime Minister Lester Bird and his associates.
 
 

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