Dutch finance minister says ING CFO's departure is fitting response
AMSTERDAM, Sept 11 (Reuters) - The departure of ING's
chief financial officer is a "fitting" response by the
bank to its failure to prevent money laundering for years, Dutch
Finance minister Wopke Hoekstra said in a letter to parliament
ING earlier said CFO Koos Timmermans was stepping down,
following a public backlash to the 775 million euros ($900
million) settlement ING agreed with Dutch prosecutors last week
to end the money laundering investigation.
($1 = 0.8626 euros)
(Reporting by Bart Meijer, editing by Louise Heavens)
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