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Private Banking: Raul Salinas, Citibank, and Alleged Money Laundering

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Report Type Reports and Testimonies
Report Date Nov. 9, 1999
Report No. T-OSI-00-3
Subject
Summary:

This testimony summarizes GAO's 1998 investigation of alleged illegalities involving Raul Salinas, brother of the former President of Mexico, and Citibank. (See GAO/OSI-99-1, Oct. 1998.) Mr. Salinas has allegedly been involved in laundering money out of Mexico, through Citibank, to accounts in Citibank affiliates in Switzerland and the United Kingdom.

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