How seriously does Austria take the prosecution of money laundering?

by Andrea
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It seemed like a good investment in an up-and-coming Russian IT company with big ambitions. But millions of euros spent by Bank Austria, among others, are said to have been fraudulently siphoned off and also seeped into Austria. The traces lead to Panama and to a property in Vienna. The Economic and Corruption Public Prosecutor’s Office (WKStA) has been investigating for years, but wants to stop the proceedings for the second time – to the “horror” of those allegedly injured.



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