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Reuters
Reuters
Business
By Sam Tobin

Austrian banker fights extradition to U.S. on money laundering charges

FILE PHOTO: The corporate logo of the Odebrecht SA construction conglomerate is pictured at its headquarters in Sao Paulo, Brazil, July 29, 2019. REUTERS/Amanda Perobelli/File Photo

The former chief executive of an Austrian bank who faces charges in the United States in relation to a bribery and money laundering conspiracy involving Brazilian construction company Odebrecht asked a London court on Wednesday to refuse to extradite him.

Peter Weinzierl – former chief executive of Meinl Bank, later renamed Anglo Austrian AAB Bank – is accused of helping launder hundreds of millions of dollars in a scheme involving the use of slush funds to pay bribes to public officials around the world.

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