BY YANNIS SOULIOTIS AND RENEE MALTEZOU
Greek authorities have frozen the bank accounts and assets of five cafe and nightclub owners on suspicion of laundering Catholic church money supplied by two church officials, a senior Greek official and local media have said.
During a months-long investigation, the country’s anti-money-laundering authority found that more than 3 million euros ($3.24 million) were directed from the funds of the Catholic Church in Greece to five bank accounts, a source with knowledge of the probe told Reuters.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
