PaperBoy Posted September 5, 2017 Report Share Posted September 5, 2017 The Azerbaijani Laundromat: the Organized Crime and Corruption Reporting Project (OCCRP), which unites a number of journalists from a number of media outlets, called a complex money-laundering system that operated in a number of European countries between 2012 and 2014.The Azerbaijani Laundromat is the name given to a complex money-laundering operation that handled US$ 2.9 billion over a two-year period thanks to four shell companies registered in the United Kingdom.Between 2012 and 2014, Azerbaijan’s kleptocratic ruling elites pumped the money through the companies’ Estonian bank accounts. The companies’ true owners were hidden behind unknown offshore shareholders. Investigation revealed that Azerbaijan’s ruling elite operated a secret $2.9bn scheme to pay prominent Europeans, buy luxury goods and launder money through a network of opaque British companiesSource: http://en.a1plus.am/1263107.html Quote Link to comment Share on other sites More sharing options...
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