Chrystia Freeland rings national security alarm about founders of Canadian bank with suspected ties to China


Source: theglobeandmail.com theglobeandmail.com

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Deputy Prime Minister and Finance Minister Chrystia Freeland, at the House of Commons on Parliament Hill in Ottawa on Feb. 13, has expressed national security concerns about a Toronto-based bank with ties to China.PATRICK DOYLE/The Canadian Press Finance Minister Chrystia Freeland is raising national-security concerns about Wealth One Bank of Canada, telling three of its founding shareholders that they could be susceptible to Chinese government coercion, according to two sources. The shareholders are also facing allegations from other Canadian financial institutions that they have engaged in money laundering, according to a letter sent by Ms. Freeland to the three individuals...