What to make of
this story?
Its Riggs Bank subsidiary, an old-line Washington institution with deep ties to the diplomatic community, has been sanctioned by federal regulators and is under congressional investigation for allegedly helping hide money for former Chilean dictator Augusto Pinochet and other lapses.
(...)
Riggs was fined a record $25 million in May by federal banking regulators for alleged violations of laws against money laundering in its handling of cash transactions in Saudi-controlled accounts under investigation for possible links to terrorism financing.
What are those ties to the diplomatic community? Chile's Pinochet and Saudi Arabia are two prime examples of the way the GOP likes to work its foreign policy. Anyone knows who are the owners and executives of this Riggs National? I'd bet these names would ring some very alarming bells.