Money Laundering Bulletin
Ex-Coutts AML officer convicted in Switzerland over 1MDB reporting failures
A former Coutts anti-money laundering officer was found guilty, on 31 July [2020], by a Swiss court of failing to act on red
flags around transactions by Jho Low, alleged orchestrator of siphoning off up to US$4.5bn from 1MDB, the Malaysian sovereign
wealth fund.