BSP okay with “Money Laundering”
Only because of the aftermath of Tropical Storm Ondoy, the Bangko Sentral ng Pilipinas permits banks to do “Money Laundering” operations.
Of course, money laundering here does not refer to those wealth which came from questionable sources.
When BSP gave a go signal to money laundering, it refers to changing those soiled bills where were soaked inside [...]
October 9, 2009
Tags: Bangko Central ng Pilipinas, Banks, BSP, calamity, flash flood, money laundering, new bills, Ondoy, Peso, Philippine, Philippine currency, replacement Posted in: Announcement, Government, Philippine banks, Philippine business news, Philippines, banking, money
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