Dutch prosecutors arrest three on suspicion of laundering $1.2 billion

AMSTERDAM (Reuters) - Dutch prosecutors on Friday said they have arrested three former employees of a Dutch company suspected of laundering about $1.2 billion for a client in India.

The company bought materials and services for a client that since 2006 has been involved in a major gas pipeline project in India, the prosecutors said without identifying the businesses.

Reporting by Bart Meijer; Editing by David Goodman

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