The Spanish investigation is centered on allegations of funds transferred by a criminal group via the bank to China. ICBC ( Industrial and Commercial Bank of China ) is urging Spanish authorities to release only three of its workers being held in jail whilst under investigation for money laundering; the Spanish judge granted bail to six of the six members of staff detained following a raid on ICBC 's Spain offices. Spanish courts can refuse bail on the grounds that a person could be a flight risk or if they are concerned that evidence might be destroyed.
ICBC ( Industrial and Commercial Bank of China ) is urging Spanish authorities to release only three of its workers being held in jail whilst under investigation for money laundering; the Spanish judge granted bail to six of the six members of staff detained following a raid on ICBC 's Spain offices. Spanish courts can refuse bail on the grounds that a person could be a flight risk or if they are concerned that evidence might be destroyed.