.... lives on in Khazakstan, no doubt for make glorious benefit Swiss private banking system, and this time it was an inside job.
Police in Kazakhstan have arrested Abylkasym Mamyrbekov, ex-deputy chief executive of Alliance Bank, and charged him in connection with the theft of $1.1 billion moved into privately held offshore bank accounts.
How does the deputy head of a bank get into a position to move that kind of money? Easy, the former chief executive, Zhomart Ertayev, was also arrested in August.
With bonuses capped in the EU, I reckon that meant the pair came close to being the most highly remunerated bankers in Europe.