0
PARIS, Dec 11: A Paris court on Thursday fined the National Bank of Pakistan 200,000 euros ($265,000) and gave two-year suspended jail sentences to two of its officials for their alleged role in a money-laundering scheme.
Two other bank executives were acquitted after the trial that examined charges against four banks and 151 people accused of involvement in a scam that sent cheques back and forth between France and Israel between 1996 and 2001.
The two NBP executives given the suspended jail sentences were also fined 20,000 euros each in the case known as ‘Sentier 2’ because of its links with the Sentier garment district in central Paris.—AFP
