Argentine cbank head called 'lax on control'

Argentine Central Bank President Pedro Pou opened the door for widespread money laundering with derelict financial controls, a member of a congressional committee investigating whether the banker should be dismissed said on Mar 2, 2001.

"There wasn't supervision over the financial system and this permitted money laundering and the collapse of banks," Argentine Senator Alcides Lopez said to reporters. Lopez also said that he beleaguered central bank president also improperly bestowed benefits o

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