May 14 (Reuters) - The Canadian House of Commons finance

committee said it will hold a meeting on Friday to discuss

recent allegations related to drug traffickers laundering money

at TD Bank.

A U.S. Department of Justice investigation into TD Bank was

focused on how Chinese drug traffickers and crime groups used

Canada's second-largest lender to launder their money from

fentanyl sales, the Wall Street Journal reported earlier this

month.

Five members of the finance committee requested to discuss

recent revelations regarding TD Bank and allegations of failing

to report money laundering related to trafficking of fentanyl,

the House of Commons committee said on Tuesday.

TD Bank earlier this month said that a comprehensive

overhaul of its U.S. and global anti-money laundering (AML)

program was underway, following regulatory probes over its AML

compliance program.

In April, TD Bank CEO Bharat Masrani acknowledged that the

bank's AML compliance program was not up to the mark and the

DoJ's probe was still ongoing.