Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(61,595 posts)
Tue Sep 5, 2017, 02:08 AM Sep 2017

Azerbaijan 'operated secret $3bn secret slush fund'

Source: BBC

Azerbaijan 'operated secret $3bn secret slush fund'

5 September 2017 Europe

Azerbaijan's ruling elite operated a secret $2.8bn (£2.2bn) slush fund for two years to pay off European politicians and make luxury purchases, an investigation shows.

The money was allegedly channelled through four UK-based opaque companies.

People said to have been paid include European politicians who adopted a favourable attitude to the government.

There is no suggestion that all the recipients were aware of the original source of the money, it added.

The secret fund, nicknamed the Azerbaijan Laundromat, operated for two years until 2014, according to the investigation, carried out by a consortium of European newspapers and published by the Organized Crime and Corruption Reporting Project (OCCRP)..

-snip-


Read more: http://www.bbc.com/news/world-europe-41156933
Latest Discussions»Issue Forums»Foreign Affairs»Azerbaijan 'operated secr...