WASHINGTON, D.C.: Massive sums of allegedly dirty money had flowed for years through some of the world’s largest banking institutions, said an international journalism investigation published on Sunday (Monday in Manila), which denounced shortcomings in sector regulations.

“Profits from deadly drug wars, fortunes embezzled from developing countries and hard-earned savings stolen in a Ponzi scheme were all allowed to flow into and out of these financial institutions, despite warnings from the banks’ own employees,” according to the probe from Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ).

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