Swiss bank UBS has got caught up in allegations of money-laundering and timber corruption by a Malaysian minister in the Borneo rainforest.
The Federal Prosecutor’s Office and the Federal Justice Office have confirmed that Switzerland last year gave legal assistance to Hong Kong in a money-laundering case against Musa Aman, Chief Minister of the Malaysian State of Sabah on Borneo.
According to the Bruno Manser Fund, a Swiss non-governmental organisation, Malaysian media reported last week that Aman was being investigated by Hong Kong’s Independent Commission Against Corruption for having laundered more than $90 million (SFr82 million) through UBS accounts in Hong Kong and Switzerland.
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