Private Banking: Raul Salinas, Citibank, and Alleged Money Laundering

T-OSI-00-3 Published: Nov 09, 1999. Publicly Released: Nov 09, 1999.

Highlights

Pursuant to a congressional request, GAO discussed its 1998 investigation of alleged illegalities involving Raul Salinas de Gotari, brother of the former President of Mexico, Carlos Salinas de Gotari, and a U.S. bank, Citibank.

Full Report

Full Report (14 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Financial Markets and Institutions

Bank depositsBank examinationBanking regulationElectronic funds transferFraudInternal controlsLaw enforcementLending institutionsMoney launderingOrganized crime