Andorran Police Arrest BPA CEO Miquel in Money Laundering Probe

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Police arrested Banca Privada d’Andorra’s chief executive officer as investigations continue into alleged money laundering at the Andorran lender.

Police detained CEO Joan Pau Miquel Prats late Friday, an official for the Andorran police force, who asked not to be identified by name in line with its policy, said by phone Saturday.