FT: Deutsche Bank facilitated wiring of Cyprus funds of Malaysian Jho Low
The funds used to purchase Malaysian Jho Low’s €5m Cyprus villa under the island’s passport investment scheme were wired from the Swiss Falcon Bank to the Bank of Cyprus via Deutsche Bank, the Financial Times reports. The €6m transfer was reportedly facilitated by Deutsche Bank who acted as a correspondent bank, a practice whereby big … Continue reading FT: Deutsche Bank facilitated wiring of Cyprus funds of Malaysian Jho Low
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed