Mafia millions buoying banks: UN

[ensho]

http://www.calgaryherald.com/news/Mafia+millions+buoying+banks/1270095/story.html


Cash-rich Mafia groups have been channelling funds into banks desperate to survive the global credit crisis, the UN anti-crime chief said on Monday.


Antonio Maria Costa of the UN Office on Drugs and Crime said he had collected ample evidence to make such accusations.


"Consultations I've had with prosecutors and law-enforcement officials around the world show there is ample evidence that the banking system's illiquidity is providing a unique opportunity for organized crime to launder their money," Costa told Reuters.


"Just about every financial centre can be characterized as part of the problem," Costa said in the interview, but declined to name countries or banks involved, saying that was for prosecutors and other law-enforcement bodies to do.


Costa said a Vienna conference next month marking the 10th anniversary of a UN General Assembly special session on drugs would mull ways to boost steps against money laundering and ease the impact of drug gang profits on the integrity of states.
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isn't this about two groups?

Mafia does drugs and everything else criminal

drug suppliers do drugs and not everything else criminal

even the article starts out about the Mafia and then says drug gang

banks are something else, aren't they!

[goforit]

1. Our banks beholden to the Drug Lords.......How honky-doory!!!

[Mari333]

2. not much of a fine line between banks and mafia, really. nt