All too often the headlines referencing banks and money laundering tell a story of alleged failings and criminals successfully laundering the proceeds of their crimes. So please look at the above headline and, in the event you work for HSBC, push your chest out, put your chin up, take a deep breath, and suck in some pride.
On Friday, José Filomeno dos Santos, the son of the former president of Angola, was sentenced to five years imprisonment for trying to steal $500 million in government funds. He was sentenced alongside the former governor of the central bank, who got eight years behind bars.
