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Home » NEWS: Two former bank chiefs jailed for up to seven years and fined total of €42 million in Andorra ML case; 16 executives receive prison time, fines 

NEWS: Two former bank chiefs jailed for up to seven years and fined total of €42 million in Andorra ML case; 16 executives receive prison time, fines 

By AML Intelligence Correspondents ANDORRA’s top court on Tuesday sentenced 18 executives of Banca Privada d’Andorra (BPA) to prison terms of up to seven years for money laundering offences involving a Spanish crime figure. Joan Pau Miquel, the bank’s former CEO was sentenced to seven years in prison and a €30 million ($34.85 million) fine. Read More