A Collaboration with the University of Pittsburgh

Spanish judge requests US file criminal charges against Riggs Bank

A Spanish judge has issued an order requesting that US authorities file criminal charges against Riggs Bank and its officers for concealing millions belonging to former Chilean dictator Augusto Pinochet. According to Thursday's order, Spanish officials will press money laundering charges against the bank and its executives if US officials do not act.

As previously reported on JURIST's Paper Chase, an investigation conducted by Riggs has turned up evidence of wrongdoing by former account managers. CNN has more.

About Paper Chase

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

© Copyright JURIST Legal News and Research Services, Inc., 2013.