ABN Amro last month agreed to pay €480mil (RM2.4bil) to Dutch prosecutors to settle a criminal investigation into its lax oversight of money laundering going on through its accounts.
AMSTERDAM: Dutch bank ABN Amro has reported a net loss of €54mil (US$66mil or RM272mil) over the first three months of 2021, as a hefty fine for money laundering outweighed the positive impact of economic recovery in the Netherlands.
ABN Amro last month agreed to pay €480mil (RM2.4bil) to Dutch prosecutors to settle a criminal investigation into its lax oversight of money laundering going on through its accounts.
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