Bradford jeweller deposited £365m with bank over five years, some of it delivered in bin bags
NatWest has been fined more than £264m after admitting breaching anti-money laundering regulations.
The Bradford jeweller Fowler Oldfield’s predicted annual turnover was £15m when first taken on as a client, but it deposited £365m with the bank over a five-year period, including £264m in cash, some of which was brought to a branch in bin bags.
