A U.S. banking regulator has dropped a case against a former Rabobank NA compliance chief who allegedly tried to cover up problems in the bank’s anti-money-laundering program, finding the judge in the case hadn’t given her a fair hearing.
The U.S. Office of the Comptroller of the Currency said it would “reluctantly” end its case against Laura Akahoshi, a onetime OCC employee who later worked as Rabobank’s compliance chief. She was accused of obstructing OCC efforts to investigate Rabobank by allegedly working to hide a critical report produced by an accounting firm.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Already a subscriber? Sign In
Sponsored Offers
- SHEIN:
30% off using this SHEIN coupon code - DoorDash:
50% off + free delivery on $20 orders with DoorDash promo code - Wayfair:
Wayfair Coupon - 20% Off - Walmart:
20% off your order with Walmart promo code - Nike:
60% off running shoes and apparel at Nike without a promo code - Barceló:
Exclusive: 10% off Barcelo promo code 2023
