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    人民網
    Fri,Jul 11,2014
    English>>Business

    Editor's Pick

    PBOC verifies Bank of China money-laundering accusation

    (新華網)    09:15, July 11, 2014
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    BEIJING, July 10  -- China's central bank is currently verifying media report accusing a state-owned commercial bank of breaching the country's money-laundering rules, a spokesman said Thursday.

    "We have noticed the media report about a commercial bank's cross-border renminbi businesses, and are verifying related facts," said the unnamed spokesman of the People's Bank of China.

    China Central Television (CCTV), the state TV broadcaster, reported on Wednesday that several domestic branches of Bank of China were suspected of money laundering via its "Youhuitong" service, which enables cross-border transfer of large sums of yuan abroad for clients.

    (Editor:Wang Xin、Gao Yinan)

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