© Reuters. FILE PHOTO: 20 Euro banknotes are viewed in an image illustration, August 1, 2016. REUTERS/Regis Duvignau/Illustration//File Report
BERLIN (Reuters) -German prosecutors raided the finance and justice ministries on Thursday as share of an investigation into that it’s good to perhaps perhaps perhaps also accept as true with obstruction of justice by the government’s anti-money laundering company.
The probe into the Monetary Intelligence Unit, an company of the finance ministry beneath SPD chancellor candidate Olaf Scholz, is taking a leer at whether or no longer the division did no longer behave on warnings from banks of that it’s good to perhaps perhaps perhaps also accept as true with money laundering.
The raids attain at a pivotal moment for Scholz, who belief polls imply has a correct probability of becoming German chancellor in national elections on Sept 26.
The FIU alongside with the Germany’s financial regulator, Bafin, both objects of the finance ministry, possess previously been criticised for failing to detect considerations at funds company Wirecard, which collapsed in the nation’s greatest submit-warfare fraud scandal.
A spokesman for the final public prosecutors acknowledged they launched the inquiry after receiving complaints that the FIU had no longer acted on hundreds and hundreds of euros of suspect transactions, alongside with to Africa, between 2018 and 2020.
He acknowledged they’d searched the ministries to leer whether or no longer the company had been told to ignore the suspect money flows.
Prosecutors acknowledged the company used to be alerted by banks due to the considerations the money used to be linked to trafficking of arms and medicine and terrorism financing, announcing that the FIU took ticket of the document nonetheless did no longer forward it to law enforcement companies.
Prosecutors acknowledged they had been also taking a leer into the truth that for the explanation that FIU took over retain watch over of money laundering in 2017, reports of suspicious process possess dropped severely.
They acknowledged that outdated searches of the FIU had published that there had been wide dialog with the ministries that had been searched on Thursday.
The finance ministry acknowledged in a assertion that it supported the investigation and infamous that suspicion used to be no longer directed on the ministry’s workers.
($1 = 0.8453 euros)
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